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Find the Expected Value E(x)E ( x ) For the Following Probability Distribution

Question 21

Multiple Choice

Find the expected value E(x) E ( x ) for the following probability distribution. Round your answer to three decimal places. xx - 5,000 - 2,500 300 P(x) P ( x ) 0.012
0.052
0.936


A) 9.529
B) 837.255
C) 8,244.640
D) 700,995.360
E) 90.800

Correct Answer:

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