Question

Sometimes expected value has a negative value. Question 2 options: True False 

          Sometimes expected value has a negative value.
Question 2 options:
 True
 False

Added by Morgan D.

Elementary and Intermediate Algebra
Elementary and Intermediate Algebra
Alan S. Tussy, R. David Gustafson 5th Edition
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Sometimes expected value has a negative value. Question 2 options: True False
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Determine whether the statement is true or false. If it is false, rewrite it as a true statement. The expected value of a random variable can never be negative.

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Transcript

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00:01 The expected value of a alternative cannot be negative so we need to check whether it is true or false okay so here first of all we are supposed to know that we can go with an example like the observations are the observations observation of alternative series okay so we can write here alternative series is so let's say it is 1 minus 2 1 minus 1 then again 1 then minus 2 so what we can state here the expected value is equal to so expected value should be like sum of the values sum of total values and divided by we can say the number of values number of values so…
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