Browse: 1. Home » 3. Probability » 3.1 From Description » 3.1.3 Exam Question Type 3
3.1.3 Exam Question Type 3
These kinds of questions ask you to calculate expected value using probabilities and a bunch of outcomes. Things get further tricky with the use of monetary values where each outcome results in some financial gain or loss.

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Relevant Past Exam Questions
Possible Variations
The past questions above cover most ways expected value questions can be asked. They can be made tricky by combining other question types to make a longer question where calculating expected value is one part of it.
Browse: 1. Home » 3. Probability » 3.1 From Description » 3.1.3 Exam Question Type 3