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Example 4.6 from Statistics, 4.2 Mean or Expected Value and Standard Deviation
b. Complete the following expected value table.
| x | ____ | ____ | |
|---|---|---|---|
| WIN | 10 | ____ | |
| LOSE | ____ | ____ |
Work it out on paper first. Then open the solution one step at a time, and stop as soon as you can finish on your own.
b.
| x | P(x) | xP(x) | |
|---|---|---|---|
| WIN | 10 | ||
| LOSE | –6 |
How did it go?