Questions: Expected Value: Theory and Properties

3 questions to test your understanding

Score: 0 / 3
Question 1 Multiple Choice

A fair six-sided die has expected value E[X] = 3.5. Which best explains why 3.5 is the expected value even though a die can never actually land on 3.5?

AIt is a rounding artifact of the calculation
BExpected value is the long-run average over many rolls, not a value the variable must be able to take
C3.5 is the median of the outcomes 1 through 6
DExpected value always equals the midpoint between the minimum and maximum
Question 2 True / False

The expected value of the sum of two random variables always equals the sum of their individual expected values, even when the variables are not independent.

TTrue
FFalse
Question 3 Short Answer

If X is a random variable with E[X] = 5, what is E[3X − 2]?

Think about your answer, then reveal below.