P 0 Equals _________

question 15

Multiple Choice

P 0 equals _________.

• A) 1.00
• B) 0.00
• C) 0.50
• D) Q

---

Definitions:

Expected Value

A calculated average of all possible values of a random variable, weighted by their probabilities.

Coin Toss

A random method used to determine a decision, consisting of throwing a coin into the air and checking which side is facing up when it lands.

Expected Value

A statistical concept that calculates the average outcome of a probability event or investment over the long term.

Expected Value

The anticipated value for an investment or probability-weighted average of all possible values in a given situation.