A game consists of rolling a die and receiving ($ 12) if a one is rolled and
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A game consists of rolling a die and receiving \(\$ 12\) if a one is rolled and nothing otherwise. What is the mathematical expectation?
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In probability theory the mathematical expectation also known as the expected value is calculated by ...View the full answer
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Dr Y P Singh
Hi, i am Certified Financial planner. I am paraplegic ( Wheelchair user). I live life to the fullest. I am a senior Academician from Lucknow (India) with more than 20 years of experience in Teaching / Training / Research and Consultancy in Management especially in the field of Finance besides being having exposure in multi-disciplinary activities in the capacity of Professor / Director.
Qualifications:
Ph.D. (Applied Economics, LU, 2003), PGDBA (Finance & Information Tech.), Certified Financial PlannerCM (FPSB India: 2009 Batch), M.Com, SEBI-NISM (Equity derivatives, Mutual Funds), NCMP (NSE India), ADCA, B.Sc. (Maths – Alld. Uni.)
Books Authored (International Publisher):
•Title “Financial Management”, McGraw Hill Education publisher ISBN: 9781259026607, https://www.mheducation.co.in/9781259026607-india-financial-management
•Title “Accounting and Financial Management for I.T. Professionals”, ISBN: 978-81-224-2153-8, Publisher: New Age International (Pvt) Ltd., New Delhi
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