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Basic Question 2 of 8

For the probability distribution shown below, the mean and standard deviation has been computed. The expected value of random variable x is ______.

A. 0.15
B. 3.03
C. 5.8

User Contributed Comments 1

User Comment
RoL9833Y So simple!!!
Actual exam will not give the answer!
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

calculate and interpret the expected value, variance, and standard deviation of random variables;

explain the use of conditional expectation in investment applications;

interpret a probability tree and demonstrate its application to investment problems;

CFA® 2024 Level I Curriculum, Volume 1, Module 3.