Prob & Stats - Random Variable & Prob Distribution (26 of 53) Expected Value - Example 2
4,935 views · Published 16 April 2015 · 5:43 · Indexed 22 October 2026
Channel: Michel van Biezen · 2015 · Education
Visit http://ilectureonline.com for more math and science lectures! In this video I will find the expected value of the premium for a home insurance company with 1,000,000 policies with an average home price of $200,000. Next video in series: http://youtu.be/wopGBIPmq28
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