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QUESTION 31 The expected value of a basket with different outcomes is A) the average of...

QUESTION 31

The expected value of a basket with different outcomes is A) the average of the values of different outcomes B)the average of the values of different outcomes multiplied by the average of the probabilities of the outcomes C)the sum of the different outcomes D)the sum of the value of each outcome, multiplied by its probability

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The expected value of a basket of different outcomes is

D) the sum of the value of each outcome, multiplied by its probability.

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