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Compute the expected value of a random variable

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Reference no: EM131586124

Question: 1. Explain why computing the average value of a random variable is the same as computing the expected value of a random variable in discrete probability.

2. Show that the Cartesian product C = S1 × S2 of any two independent two element state spaces has P(C) = 1.

Reference no: EM131586124

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