doe69902

25.01.2021 • 

Mathematics

An investment worth $50,000 has these expectations of returns: 30% chance of ending up worth $40,000 50% chance of ending up worth $50,100 20% chance of ending up worth $65,000 Determine the expected value and risk. The expected value of the investment is $ . The investment is risky because it has only a % chance of making a significant return

Ответ:

Jasten

03.10.2022

Mathematics

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If you would like to know what is the unit price p per towel, you can calculate this using the following steps:

$48.80 ... 8 dish towels
$p = ? ... 1 dish towel

48.80 * 1 = 8 * p
48.80 = 8 * p      /8
p = 48.80 / 8
p = $6.1

The correct result would be $6.1 per towel.

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