Mariana, who rents properties for a living, measures all the offices in a building she is renting. Size (square meters) Number of offices 60 3 70 2 98 5 X is the size of a randomly chosen office. What is the expected value of X? Write your answer as a decimal.

Respuesta :

The expected value formula is

[tex]E=\Sigma x\cdot P(x)[/tex][tex]\begin{gathered} E=60\cdot\frac{3}{10}+70\cdot\frac{2}{10}+98\cdot\frac{5}{10} \\ E=18+14+49 \\ E=81 \end{gathered}[/tex]

Hence, the expected value is 81.