The following table tabulates the earnings for a particular investment plan with corresponding probabilities: Earnings Probability $400 0.3 $250 0.1 $30 0.2 -$100 0.3 -$150 0.1 What is the expected value of this investment plan? a. $86 b. None of these c. $132 d. $106 e. -$14

The following table tabulates the earnings for a particular investment plan with corresponding probabilities: Earnings Probability $400 0.3 $250 0.1 $30 0.2 -$100 0.3 -$150 0.1 What is the expected value of this investment plan? a. $86 b. None of these c. $132 d. $106 e. -$14

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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Question

The following table tabulates the earnings for a particular investment plan with corresponding probabilities:

Earnings	Probability
$400	0.3
$250	0.1
$30	0.2
-$100	0.3
-$150	0.1

What is the expected value of this investment plan?

	a.	$86
	b.	None of these
	c.	$132
	d.	$106
	e.	-$14

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