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Lv 6
what would be the expected value of getting a 40 dollar bill as a gift?
how do i solve this when there is only one number in the question?Am i to guess its either -40 or 0?
3 Answers
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- ignoramusLv 77 months ago
It is an exceptionally dumb question. It has nothing whatever to do with probability.
- oldprofLv 77 months ago
I'm guessing you are not an American. There is no $40 bill. So the probability of receiving one is p(s = 40) = n(40)/N = 0/N = 0. Which means the expected value E(s = 40) = p(s=40)*40 = 0*40 = 0 ANS.
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