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Question 1 1 pts The expected value of a random variable is another name for which quantity? O quantile mean variance O mode D Question 2 1 pts If there is a 0.5 probability that your GPA for your classes next quarter will be 3.0, a 0.25 probability that it will be 3.5, and a 0.25 probability that it will be 4.0, what is the expected value of your GPA for the next quarter?

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Answer #1

Answer:

Question-1:

The Expected value of a random variable is another name for which quantity is "Mean".

The next quarter will be 4.5 because 0.5 will be added to every quarter.

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