A particular stock is currently trading at $1. An expert market analyst determines that in one year, the price of the stock will be: $2 with a probability of 0.1; $3 with a probability of 0.2; and nothing ($0) with a probability of 0.7. If the random variable represents the gain or loss in the stock price in one year, what is the expected value of

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y = 6x -3y -12

y +3y +12 = 6x

=> . x = { 2y / 3 +2 } this is equation of line in terms of x

=> . if line meets the x-axis the co-ordinates of meeting point would be ( x , 0 )

=> . x = 2 ( 0 ) / 3 + 2

=> . x = 2

so, the point is ( 2 , 0 )

22.83 repeating

step-by-step explanation:

137 ÷ 6 is 22.8333333 therefore we understand that 3 is repeating.

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1. 2

2. 11

3. 5

4. 6

5. 7

6. 5

7. -1

8. 1

step-by-step explanation: