Mathematics, 20.07.2019 21:00 kyliegriffis
You are considering two investment opportunities. for investment a there is a 25% chance that you lose $20,000, a 50% chance that you break even, and a 25% chance that you make $80,000. for investment b there is a 30% chance that you lose $50,000, a 50% chance that you break even, and a 20% chance that you make $180,000. based on the expected value of each, which investment should you make?
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You are considering two investment opportunities. for investment a there is a 25% chance that you lo...
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