Question: D G H A B Expected Value Problem A cell phone contract charges a flat monthly fee of $45 per month, with extra charges if

D G H A B Expected Value Problem A cell phone contract charges a flat monthly fee of $45 per month, with extra charges if you exceed the monthly data limit The flat fee provides up to 6 GB of data usage per month, and charges an extra $16 per GB used beyond 6 (Unused data cannot be carried over into the next month) My data usage varies from month to month according the probability distribution shown below 3 GB Used: Probability: 5 0.3 6 0.3 7 0.1 B 0.1 0.2 1 2 3 Question 23 4 pts Using the information provided on the Expected Value Problem of the Exam 3 Parameters workbook, computed the expected value of monthly cost under the cell phone plan described. SHOW YOUR WORK AND CLEARLY LABEL YOUR FINAL ANSWER. Edit View Insert Format Tools Table 12pt Paragraph : 1

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