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Alexus [3.1K]
2 years ago
10

The table gives the probability distribution of the annual rate of return on the stock of MNP Company, Inc. What is the expected

value of the rate of return?
Annual Return
Probability 15% 0.2 20% 0.4 30% 0.3 35% 0.1
Mathematics
2 answers:
krok68 [10]2 years ago
8 0
For the answer to the question above,
The expected value in percentage format is 0.2 x 15+0.4 x 20 + 0.3 x 30 + 0.1*35 = <u><em>23.5%</em></u>
The answer is <u><em>23.5%
</em></u>

I hope my answer helped you. Have a nice day ahead!
<u><em /></u>
prohojiy [21]2 years ago
6 0

Answer:

Step-by-step explanation:

Given is a table which gives the probability distribution of the annual rate of return on the stock of MNP Company, Inc. We have to find out  the expected value of the rate of return

Let X be the return and p probability

Then

X     15%     20%    30%     35%  Total

p     0.2       0.4     0.3       0.1        1

x*p  3           8        9          3.5     23.5

Hence Expected rate of return

=E(x)= 23.5%

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Question is Incomplete; Complete question is given below;

James and Amy played 12 games of checkers last week. This week they played 7 games on Monday and 2 games on Wednesday.James and Amy play 3 more games. They have played the same number of games as last week. Fill in the blanks to make the equation true. Use +,-, or =. 12_7_2_3 Explain how you chose the symbols.

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