melimendez5678 melimendez5678

14-12-2022
Mathematics

Answered

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INVESTMENTS
John wants to make an investment and he is trying to decide which investment would be his
best option. Use what you know about Expected value to evaluate the two investments below

Investment A
-15% chance you lose $80,000
- 75% chance you break even *
* 10% chance you make $200.000

Investment B
-60% chance you break even
-15% chance you make $80.000
1. Calculate the Expected Value of Investment A (Show your Work)

INVESTMENTS John wants to make an investment and he is trying to decide which investment would be his best option Use what you know about Expected value to eva class=

Answer :

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