Mathematics, 25.02.2020 03:48 heids17043

The Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that there is a 70% chsnce of making $12,000, 10% chance of breaking even, and a 20% chance of lising $7400. Finf the expectation if this purchase.
The expected value is $

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The Triple L investment club is considering purchasing a certain stock. After considerable research,...