SOLUTION: If you have 35% probability of gaining $700, 40% probability of losing $200, and 25% probability of breaking even, what is your expected value? (Fill up Probability table fro this
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-> SOLUTION: If you have 35% probability of gaining $700, 40% probability of losing $200, and 25% probability of breaking even, what is your expected value? (Fill up Probability table fro this
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Question 1054477: If you have 35% probability of gaining $700, 40% probability of losing $200, and 25% probability of breaking even, what is your expected value? (Fill up Probability table fro this problem and calculate mean value)
Probability Table:
X
P(x) Answer by Fombitz(32388) (Show Source):
