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Mathematics, 31.12.2021 15:50 kprincess16r
A business has an opportunity to invest $35,000. If the investment is a success, the business earns a profit of $150,000. Otherwise, the investment will result in a total loss of all monies. If the investment has 0. 27 chance of success, which equation correctly models the expected value of this investment? 0. 27(150,000) 0. 73(â€"35,000) = E(X) 150,000 â€" 0. 73(35,000) = E(X) 0. 27(150,000 â€" 35,000) = E(X) 0. 27(115,000) 0. 73(â€"35,000) = E(X).
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A business has an opportunity to invest $35,000. If the investment is a success, the business earns...
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