Question

Question 1 1 pts The expected value of a random variable is another name for which quantity? O quantile mean variance O mode D Question 2 1 pts If there is a 0.5 probability that your GPA for your classes next quarter will be 3.0, a 0.25 probability that it will be 3.5, and a 0.25 probability that it will be 4.0, what is the expected value of your GPA for the next quarter?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer:

Question-1:

The Expected value of a random variable is another name for which quantity is "Mean".

The next quarter will be 4.5 because 0.5 will be added to every quarter.

Add a comment
Know the answer?
Add Answer to:
Question 1 1 pts The "expected value" of a random variable is another name for which...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT