A discrete random variable takes values 1, 2, and 3 with probabilities , , and . What is its expected value ?
Answer and explanation
Correct answer: A. 2.1
- Step 1: Expected value formula: . Step 2. Compute: . Answer: 2.1. Why not the others: 2.0 ignores the asymmetric weight towards 3; 2.3 overweights 3; 1.8 makes an addition error.
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