Millionaire Mode

Expected Value and Variance

Question 1 of 14

What is the expected value of a random variable $X$?

  1. The average value of $X$
  2. The sum of all possible values of $X$
  3. The probability of $X$ taking on a particular value
  4. The standard deviation of $X$

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000