What is the Expected Value of the grades?What is the variance of the grades?
Econ203 Assignment 9 1. Table below summarizes the distribution of grades in Schools. a. What is the Expected Value of the grades? b. What is the variance of the grades? Grades Probability 99 0.45 95 0.25 75 0.1 55 0.10 5 0.10 You should provide both the calculation and the formulas. c. With the same […]