Suppose that the die in Example 1 is not fair and we obtain (empirically) the following probability

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Suppose that the die in Example 1 is not fair and we obtain (empirically) the following probability distribution for X:

Xi Pi 1 .14 2 .13 3 .18 4 .20 5 .11 6 .24 [Note: Sum = 1.]

What is the expected value of X?

Data from Example 1

What is the expected value (long-run average) of the number of dots facing up for the roll of a single die?

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Dec 24, 2023 10:24 AM

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Suppose that the die in Example 1 is not fair and we obtain (empirically) the following probability

Question:

Xi Pi 1 .14 2 .13 3 .18 4 .20 5 .11 6 .24 [Note: Sum = 1.]

Step by Step Answer:

Finite Mathematics For Business Economics Life Sciences And Social Sciences

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