Find the expected value of the following probability distrib

Find the expected value of the following probability distribution.

X	1	2	3	4	5
P(X)	0.05	0.20	0.35	0.25	0.15

Expected Value = summation (x * P(x) )

= 1*0.05 + 2*0.2 + 3*0.35 + 4*0.25 + 5*0.15

= 3.25

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Find the expected value of the following probability distribution. X 1 2 3 4 5 P(X) 0.05 0.20 0.35 0.25 0.15 SolutionExpected Value = summation (x * P(x) ) = 1*

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