Mathematics, 30.04.2021 08:50 loanyst99111
Business projection: An investor is considering a $10,000 investment in a start-up company. She estimates that she has probability 0.38 of a $10,000 loss, probability 0.24 of a $13,000 profit, probability 0.10 of a $58,000 profit, and probability 0.28 of breaking even (a profit of $0). What is the expected value of the profit?
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Business projection: An investor is considering a $10,000 investment in a start-up company. She esti...
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