Examlex
What is the total mean for the data in the table below?
Expected Amount
The average value or mean that one anticipates to occur over a long series of trials in a random experiment.
Pair Of Dice
Two small cubes with faces marked from one to six, used in games to generate random numbers through tossing.
Expected Profit
The forecasted average of possible profits from an investment, considering probabilities of different outcomes.
Larger Contract
A contract agreement of significant size or value, often in the context of business or legal transactions.
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