Answer:
C -2.2675
Irrational numbers cannot be expressed as a fraction for any integers and they have decimal expansions
The given 3rd option is the viable answer.
Answer:
Step-by-step explanation:
The expected return is given as
Expected Return = SUM (Return i x Probability i). i=1,2,3.....
First investment
Probability of 0.7, it returns 60cents per dollars
Second investment
Probably of 0.3, it loses 20cents per dollar.
Expected return=(0.7×60)-(0.3×20)
Excepted return= 42-6
Excepted return=36cents
To dollars, 1cents is 0.01dollars
Then, 36cents = 0.36dollars
Expected return=$0.36
