Practice Expected Value in Math
Use these practice problems to test your method after reviewing the concept explanation and worked examples.
Quick Recap
The expected value of a random variable is the probability-weighted average of all possible outcomes â the long-run mean over many repetitions.
Expected value is what you would "expect" on average after very many trials â not the most likely single outcome, but the center of the distribution.
Showing a random 20 of 50 problems.
Example 1
mediumA weighted die shows with probability and each of â with probability . Find .
Example 2
hardRoll a fair die. Let = number of distinct prime factors of the outcome. Find .
Example 3
mediumA raffle sells 100 tickets at \$2 each; one ticket wins \$150. What is the expected value of buying one ticket (net)?
Example 4
easyWhat is the expected value of one roll of a fair 6-sided die?
Example 5
mediumA discrete variable: with prob , with prob , with prob . Find .
Example 6
mediumDraw one card. You win $4 for a face card (J/Q/K) else lose $1. Find .
Example 7
medium has . Find .
Example 8
mediumA raffle has tickets. One ticket wins and two tickets win each. Each ticket costs . Find the expected net gain per ticket.
Example 9
challengeIn a class of 20, each student picks a random month for their birthday. Find .
Example 10
challengeYou pay $1 to play. A die is rolled; you win where is the face. After all costs, what is your expected net gain per play?
Example 11
easyA bet pays $6 with prob and $0 otherwise. Find .
Example 12
hardA binomial . Find .
Example 13
easyA game pays $10 with probability and $0 otherwise. Find the expected payout.
Example 14
mediumYou draw one card from a deck. You win \$13 for an ace, else lose \$1. Find the expected gain.
Example 15
mediumA spinner gives points with prob , points with prob , and points with prob . Find .
Example 16
hardTwo independent variables: each with prob , each with prob . Find .
Example 17
easyA random variable takes value with probability . What is its expected value?
Example 18
mediumA game costs $3 to play and pays $10 with probability , else nothing. Find the expected net gain.
Example 19
challengeYou roll a fair die repeatedly until you get a 6. Find .
Example 20
mediumTwo fair dice are rolled. Find .