What is the expected value of the outcomes
Question: A project has the following projected outcomes in dollars: $250, $350, and $500. The probabilities of their outcomes are 25%, 50%, nad 25% respectively. What is the expected value of these outcomes?
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The probabilities of their outcomes are 25%, 50%, nad 25% respectively. What is the expected value of these outcomes?
How much interest will his investment earn during this time period?
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