dhurtado1195
06.02.2021 •
Mathematics
A man plans on making a large speculative investment in a new company. There is a 20% chance that the company will lose $250,000, a 50% chance of a break even, and a 30% chance of a $150,000 profit. Based ONLY on this information, what should the man do? A) The expected value is $5,000.00, so the man should make the investment. The expected value is $45,000.00, so the man should make the investment. The expected value is --$50,000 00, so the man should make the investment D) The expected value is - $5.000.00, so the man should not make the investment
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