What is the expected value of the eps


A stock analyst assigns the following probability distribution to the possible earnings per share (eps) of a company: he believes there is a probability of 0.29 that eps will be 1.04, a probability of 0.37 that eps will be 1.30, and otherwise eps will be 1.52. What is the expected value of the eps? (please express your answer using 2 decimal places)

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: What is the expected value of the eps
Reference No:- TGS0116147

Expected delivery within 24 Hours