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Probability 015 of a 47178 profit and probability 040 of

An investor is considering an ivestment in a compampay she estmates that she has a probability of 0.25 of a $38,604 loss probability 0.20 of a $18,829 profit, probability 0.15 of a $47,178 profit and probability 0.40 of breaking even (zero profit). What is the expected value of the profit?

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Basic Statistics: Probability 015 of a 47178 profit and probability 040 of

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Basic Statistics: Probability 015 of a 47178 profit and probability 040 of

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