Independent solution
How to solve this Expected Value question
Setup
Setup
The expectation is the integral of the value multiplied by its density. Because the density contains an absolute value, its algebraic form changes at zero.
Model
Model
On the negative interval the integrand is negative, while on the positive interval it is positive. Split the integral at zero before evaluating.
Compute
Compute
The two contributions combine to an expected value of approximately 1.8667.
Answer
Answer
The expected value is approximately 1.8667, selecting choice D.