Add: 6.47 + 3.032 + 39.8

question 116

Multiple Choice

Add: 6.47 + 3.032 + 39.8

• A) 50.412
• B) 41.292
• C) 48.1
• D) 49.302
• E) 52.316

---

Definitions:

Expected Value

The predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.

Expected Value

An average value determined by weighing all potential outcomes of a random variable according to their likelihood of happening.

Payoffs

The returns or benefits received from a particular course of action or decision, often evaluated in decision-making processes.

Invest

Allocating resources, usually money, with the expectation of generating an income or profit.