Question: Three possibilities have probabilities 0 . 5 , 0 . 3 and 0 . 2 and values $ 1 0 , $ 2 0 ,

Three possibilities have probabilities 0.5,0.3 and 0.2 and values $10, $20, and $30 respectively. The expected value is:
Question 4 options:
a)
$18
b)
$15
c)
$16
d)
$17

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