Find the Expected Value $E ( x )$ For the Following Probability Distribution

question 21

Multiple Choice

Find the expected value $E ( x )$ for the following probability distribution. Round your answer to three decimal places. $x$ $-$ 5,000 $-$ 2,500 300 $P ( x )$ 0.012
0.052
0.936

• A)9.529
• B)837.255
• C)8,244.640
• D)700,995.360
• E)90.800

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Definitions:

Indirect Strategy

Indirect strategy in communication involves presenting the supporting reasons before the main message or request, often used to prepare the recipient and reduce resistance.

Employer

An individual or organization that hires and pays workers for their services.

Vacation Time

Allocated periods during which an employee is allowed to be away from their work, usually for rest or leisure.

Motivate Action

The process of inspiring or encouraging individuals to take desired actions or behaviors.