# Expected commission for a salesman

Based on past records, a salesman expects a $0 commission with probability 0.19, $1000 with probability 0.2, $2000 with probability 0.41 and $3000 or $4000 both with probability 0.1.

Find the expected commission for the salesman.

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The expected value of the commission is the sum of the products of the ...

#### Solution Summary

Calculations for expected commission are given in detail with the algebra and math in detail.

$2.19