Mathematics, 19.03.2020 09:45 thompsonjeremiah837

He Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that there is a 40% chance of making $12, 000, a 10% chance of breaking even, and a 50% chance of losing $7,500. Find the expectation of this purchase.

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He Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that there is a 40% chance of making $12, 000, a 10% chance of breaking even, and a 50% chance of losing $7,500. Find the expectation of this purchase. 11.3#8

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Another question on Mathematics

He Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that there is a 40% chance of making $12, 000, a 10% chance of breaking even, and a 50% chance of losing $7,500. Find the expectation of this purchase.

11.3#8