The Expected value of the game to you is 19 dollars. The Expected value of the game to you is 19 dollars.
Expected value (also called expected value, expected value, mathematical expected value, mean, average, or first moment) is a generalization of weighted average. Informally, the expected value is the arithmetic mean of a large number of independently selected random variables.
The expected value is the probability multiplied by the value of each outcome. For example, a 50% chance of winning $100 is worth $50 to you (if you don't mind the risk). You can use this framework to decide if you should participate in the lottery.
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Answer:
Such advantages are listed following regarding the opening of the savings account.
Explanation:
- To most everyone, saving hard-earned capital is a key consideration. The FDIC helps ensure banks' investments to something like the extent permitted by statute.
- Savings accounts have become an integral part of the financial strategy of any household. If you are doing, however, individuals become easy to develop and secure, producing sustainable returns with hardly any maintenance.
- These are some of the smartest ways regarding savings accounts that seem to be that investment is gradually paid from either the assets you save and also that interest grows exponentially, speeding up your money's rise.
- Linked accounts, particularly because you have set financial targets that include monthly or automated transactions, make it easier to pass money across.
<span>If I want to contribute amounts greater than $5,000 on an annual bases, I would consider the Tax Deferred Investment Plan; the Tax Deferred Annuity most suitable in this situation because a Roth IRA has a contribution limit of $5,000 annually, whereas the Tax Deferred Investment Plan has no contribution limit.</span>
Answer:
Probability that the person selected will be one who invests in municipal bonds but not in oil stocks is 
Explanation:
Given : Total no of people in the group = 2500
Investors of municipal bonds = 35% i.e .35 × 2500 = 875
Investors of both municipal bonds and oil stocks
= 7% i.e .07 × 2500
= 175
Hence, the investors who have invested in municipal bonds but not oil stocks = 875 - 175 = 700 investors
Probability that the person being selected will be one who invests in municipal bonds but not in oil stocks = 
= 
=
It seems that you have missed the necessary options for us to answer this question, but anyway, hope this answer helps. What economists blame for the severity of the Great Depression is the <span>expansion of the currency by the Federal Reserve System. Hope this answers your question.</span>
