The promoter of a stage show is selling tickets at several different prices The promoter has created the following discrete probability distribution of X, the ticket price ($) X P(X) 88 0 45 147 0 45 221 0 09 336 0 01 What is the expected value of the ticket price Please give your answer to two decimal places Do NOT include units in your answer

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The promoter of a stage show is selling tickets at several different prices. The promoter has created the following discrete probability distribution of X, the

The promoter of a stage show is selling tickets at several different prices. The promoter has created the following discrete probability distribution of X, the ticket price ($):

X	P(X)
88	0.45
147	0.45
221	0.09
336	0.01

What is the expected value of the ticket price? Please give your answer to two decimal places. Do NOT include units in your answer.

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