document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=848332>Question 848332</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 3.  An investor is considering purchasing a small business. He knows that in case of a good market the business will yield $95,000 of profit; in case of a poor market there will be a loss of $15,000. It is known that the probability of a good market for the next year is 0.4, and the probability of a poor market is 0.6. \r<BR>\n" );
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document.write( " Find the expected value of the profit.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #511038 by </B><A HREF=/tutors/aboutme.mpl?userid=swincher4391><B>swincher4391(1107)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=swincher4391><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=swincher4391><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=511038\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 95000(0.4)  - 15000(0.6) =  + 29000\r<BR>\n" );
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