Tag | Value |
---|---|
file | Probability_uva-random-variables-144-en_uva-random-variables-144-en |
name | uva-random-variables-144-en |
section | Probability/Elementary Probability/Random variables |
type | schoice |
solution | TRUE, FALSE, FALSE |
Type | Conceptual |
Language | English |
Level | Statistical Literacy |
IRT-Difficulty | 2 |
p-value | 0.5905 |
In a given game, you can lose 10 euros with 60% chance or win 50 euro with a 40% chance. What is the average return (expected value) of this game?