Elementary Statistics: Picturing the World (6th Edition)

Published by Pearson
ISBN 10: 0321911210
ISBN 13: 978-0-32191-121-6

Chapter 4 - Discrete Probability Distributions - Section 4.1 Probability Distributions - Exercises - Page 197: 8

Answer

False

Work Step by Step

The expected value (or mean) of a random variable depends on the distribution of its possible values and their probabilities. If the random variable can take negative values with sufficient probability, then its expected value can indeed be negative.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.