Business, 21.01.2020 03:31, sainabou862
As the operations manager for american airlines you have decided to invest in 10 new jets for the company's fleet. there are three outcomes for this investment. what is the expected return on investment using the information below?
outcome probability return
1. 50 .15
2. 30 .25
3. 20 .10
make sure your answer is in decimal format (.30, .40, etc.) and not a percentage. round to the nearest hundredth place (i. e. 264 -> .26) if necessary.
.17
Answers: 2
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