UEmpson UEmpson

15-05-2018
Mathematics

contestada

There is a 40% chance that you will loose $25,000 if you invest in a company. But there is a 25% chance that you will break even and a 35% chance that you will make $40,000. What is the epected value of the investment?

Respuesta :

mathmate mathmate

15-05-2018

[tex]E[x] = \sum{p_i*x_i}[/tex]
=0.4(-25000)+0.25*0+0.35(40000)
=-10000+0+14000
=+4000

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deerslayer69 deerslayer69

17-08-2022

Answer:4000

Step-by-step explanation:

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