1. Dice. What is the expected number of spots observed in rolling a carefully balanced die once?

2. Profit from a risky investment. Rotter Partners is planning a major investment. The amount of profit X is uncertain, but a probabilistic estimate gives the following distribution (in millions of dollars):

What is the expected value of the profit?

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Status NEW Posted 23 Jun 2017 11:06 AM My Price 6.00

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file 1498219279-2021181_1_636337795829480769_2021181.xlsx preview (3 words )

1)-----------XiP-----------iXi-----------*Pi-----------E(X-----------) =----------- su-----------m(X-----------iPi-----------)2)-----------Pro-----------fit-----------pro-----------fit-----------*Pi----------- -----------

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