If There Is a 25% Probability That Joseph Will Earn

question 147

Multiple Choice

If there is a 25% probability that Joseph will earn $10 per hour at his job today and a 75% probability that he will earn $20 per hour today,his expected pay per hour is:

• A)$10.00.
• B)$15.00.
• C)$17.50.
• D)$20.00.

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