You were given a table with the cost of a hamburger In a

Last updated: 7/20/2022

You were given a table with the cost of a hamburger In a town and the associated probability of each cost. You found the expected value to be $2.87. Which statement is correct? The average cost of a hamburger is $2.87. You found the expected value by adding up the costs, then dividing by the sum of the probabilities. There are more restaurants that sell a hamburger for $2.87 than there are for any other price. You know the price of a hamburger at every restaurant in town.