Explore BrainMass

Explore BrainMass

    expected value

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Consider the experiment of throwing an ideal die three times(all outcomes are equally likely). Let X and M denote the mean and the median respectively, of the three scores obtained.

    a) find E(X)

    © BrainMass Inc. brainmass.com March 4, 2021, 5:48 pm ad1c9bdddf
    https://brainmass.com/statistics/quantative-analysis-of-data/expected-value-scores-12119

    Solution Preview

    Probability of Each outcome = 1/6

    Expected Value of Each ...

    Solution Summary

    The expected value scores for an ideal die is found.

    $2.49

    ADVERTISEMENT