You are on the game show “Deal or No Deal”. What is the expected value in dollars for the following set of suitcases if you have an equal probability of ending up with any of them?
$1
$382
$9728
$50000
$898223
** Show work please
You are on the game show “Deal or No Deal”. What is the expected value in dollars for the following set of suitcases if you have an equal probability…
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