**** A local charity holds a carnival to raise money. In one activity, participants make a $3 donation for a chance to spin a wheel that has 10 spaces marked with the values 0, 1, 2, 5, and 10. The participant wins the dollar amount marked on the space on which the wheel stops. Let X represent the value of a spin. The distribution of X is given in the table. Value of a Spin Probability 0 0.4 1 0.2 2 0.2 5 0.1 10 0.1 What is the expected value of the distribution? 01 1.5 2.1 3.5
**** A local charity holds a carnival to raise money. In one activity, participants make a $3 donation for a chance to spin a wheel that has 10 spaces marked with the values 0, 1, 2, 5, and 10. The participant wins the dollar amount marked on the space on which the wheel stops. Let X represent the value of a spin. The distribution of X is given in the table. Value of a Spin Probability 0 0.4 1 0.2 2 0.2 5 0.1 10 0.1 What is the expected value of the distribution? 01 1.5 2.1 3.5
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 32E
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