investment, a software company, has a 7% chance of returning 57,000,000 profit, a 18% chance of returning $1,500,000 profit, and a 75% chance of losing the million dollars. The second company, a hardware company, has a 14% chance of returning $4,000,000 profit, a 43% chance of returning $2,000,000 profit, and a 43% chance of losing the million dollars. The third company, a biotech firm, has a 6% chance of returning $7,000,000 profit, a 30% of no profit or loss, and a 64% chance of losing the million dollars. Order the expected values from smallest to largest. O third, second, first O second, third, first O first, second, third O second, first, third O third, first, second O first, third, second
investment, a software company, has a 7% chance of returning 57,000,000 profit, a 18% chance of returning $1,500,000 profit, and a 75% chance of losing the million dollars. The second company, a hardware company, has a 14% chance of returning $4,000,000 profit, a 43% chance of returning $2,000,000 profit, and a 43% chance of losing the million dollars. The third company, a biotech firm, has a 6% chance of returning $7,000,000 profit, a 30% of no profit or loss, and a 64% chance of losing the million dollars. Order the expected values from smallest to largest. O third, second, first O second, third, first O first, second, third O second, first, third O third, first, second O first, third, second
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first
investment, a software company, has a 7% chance of returning $7,000,000 profit, a 18% chance of returning
$1,500,000 profit, and a 75% chance of losing the million dollars. The second company, a hardware
company, has a 14% chance of returning $4,000,000 profit, a 43% chance of returning $2,000,000 profit, and
a 43% chance of losing the million dollars. The third company, a biotech firm, has a 6% chance of returning
$7,000,000 profit, a 30% of no profit or loss, and a 64% chance of losing the million dollars.
Order the expected values from smallest to largest.
O third, second, first
O second, third, first
O first, second, third
second, first, third
O third, first, second
O first, third, second
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