Math Question
![Find the expected value of the winnings from a game that has the following payout probability distribution:
\begin{tabular}{c|ccccc}
Payout (\$) & 0 & 2 & 4 & 8 & 10 \\
\hline Probability & \( 0.35 \) & \( 0.2 \) & \( 0.1 \) & \( 0.2 \) & \( 0.15 \)
\end{tabular}
Expected Value = [? ]
Round to the nearest hundredth.](https://d3hlidq5bf9vg0.cloudfront.net/app-server-student/2022/3/16/a7675a48-f448-49f8-ad5e-53947eb6b2f9.png "Find the expected value of the winnings from a game that has the following payout probability distribution:
\begin{tabular}{c|ccccc}
Payout (\$) & 0 & 2 & 4 & 8 & 10 \\
\hline Probability & \( 0.35 \) & \( 0.2 \) & \( 0.1 \) & \( 0.2 \) & \( 0.15 \)
\end{tabular}
Expected Value = [? ]
Round to the nearest hundredth.")
Solution
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