JvGaming2001
JvGaming2001
12.02.2021 • 
Mathematics

The Triple L investment club is considering purchasing a certain stock. After considerable research the club members determine that there is a 50% chance of making $85,000, a 35% chance of breaking even, and a 15% chance of losing $140,000. Find the expected value of this purchase.

Solved
Show answers

Ask an AI advisor a question