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ERMCPS5350_003_2025_3 - INTRO TO QUANTITATIVE RISK MANAGEMENT 6. Quiz for Class 6

Numerical

The expected value of a "strange die" that has the values {2,3,4,6,7,8} the expected value is  ... _________________________________________________________ in case you ask, a "normal" die is this, giving values 1 to 6.    

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The die has the values {2, 3, 4, 6, 7, 8}, and each side is assumed equally likely. T......Login to view full explanation

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