By investing in a particular stock, a person can make a profit of $4000 in a year with probability

By investing in a particular stock, a person can make a profit of $4000 in a year with probability 0.3 or take a loss of $1000 with probability 0.7. What is this persons expected gain

Expected

  • Posted: 4 years ago
By investing in a particular stock, a person can make a profit of $4000 in a year with probability

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