Calculate the expected

gain or loss for Stock MNO.

Lose $25 Gain $5 Gain $45

Stock ABC 40% 15% 45%

Stock JKL 15% | 65% 20%

Stock MNO 5% 80% 15%

Question

Mathematics

Johanna Cameron

13 November, 08:49

Calculate the expected

gain or loss for Stock MNO.

Lose $25 Gain $5 Gain $45

Stock ABC 40% 15% 45%

Stock JKL 15% | 65% 20%

Stock MNO 5% 80% 15%

+5

Answers (1)

Know the Answer?

Kayden Gonzales · Answer 1

Answer

should be 9.5

Step-by-step explanation:

1) so use the expected value formula.

2) - 25 (lose 25 thing) times 5% plus 5 (gain 5) times 80% plus 45 (gain 45) times 15%.

3) put that into you calculator and you have you answer

Calculate the expectedgain or loss for Stock MNO.Lose $25 Gain $5 Gain $45Stock ABC 40% 15% 45%Stock JKL 15% | 65% 20%Stock MNO 5% 80% 15%

Calculate the expected

gain or loss for Stock MNO.

Lose $25 Gain $5 Gain $45

Stock ABC 40% 15% 45%

Stock JKL 15% | 65% 20%

Stock MNO 5% 80% 15%