Mathematics, 08.04.2021 19:30 carolina1636
Andy is going to invest his money into two different stocks. Both stocks are independent. One stock has a 50% chance of being successful and a 50%
chance of falling. The other has a 60% chance of being successful and a 40% chance of falling. Each stock will make Andy $500 if it succeeds or lose
him $500 if it fails. What is the probability distribution of profit?
Profit
Probability
Both Fail
1 fail
O fail
Answers: 2
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Andy is going to invest his money into two different stocks. Both stocks are independent. One stock...
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