Mathematics, 12.02.2021 14:00, dudejustdont

The Triple L investment club is considering purchasing a certain stock. After considerable research the club members determine that there is a 50% chance of making $85,000, a 35% chance of breaking even, and a 15% chance of losing $140,000. Find the expected value of this purchase.

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The Triple L investment club is considering purchasing a certain stock. After considerable research...