Mathematics, 28.01.2020 17:44 RegencySlayer5304

What is the expected value of an original investment of $3,000 that has a 10% chance of ending up with a value of $2,000, an 80% chance of
ending up with a value of $3,500, and a 10% chance of ending up with a value of $4,000?
oa $6,000
ob. $3,500
oc $3,400
od. $3,250
oe $3.000

Answers: 2

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What is the expected value of an original investment of $3,000 that has a 10% chance of ending up with a value of $2,000, an 80% chance of ending up with a value of $3,500, and a 10% chance of ending up with a value of $4,000? oa $6,000 ob. $3,500 oc $3,400 od. $3,250 oe $3.000

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Another question on Mathematics

What is the expected value of an original investment of $3,000 that has a 10% chance of ending up with a value of $2,000, an 80% chance of
ending up with a value of $3,500, and a 10% chance of ending up with a value of $4,000?
oa $6,000
ob. $3,500
oc $3,400
od. $3,250
oe $3.000