In a proposed business venture, a businesswoman estimates there is a 65% chance she will make $57000 and a 35% chance she will lose $67000. Determine her expected value.

In a proposed business venture, a businesswoman estimates there is a 65% chance she will make $57000 and a 35% chance she will lose $67000. Determine her expected value.

asked Oct 19, 2022 117k views

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