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natima [27]
4 years ago
6

What is 2x10 + 3 x 1/10+ 9/100+ 7 x 1/000

Mathematics
1 answer:
solmaris [256]4 years ago
8 0
20397 / 1000
Simplify the expression
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Step-by-step explanation:

\left\begin{array}{c|ccc}&$Lose \$25&$Gain \$5&$Gain \$45\\$Stock ABC&40\%&15\%&45\%\end{array}\right

We want to calculate the expected gain or loss of Stock ABC with the probabilities above.

Note that loss is written in negative.

E$xpected Value =$ (-25  \times 40\%)+(5  \times 15\%) + (45  \times  45\%)\\=(-25 \times 0.4)+(5 \times 0.15)+(45 \times 0.45)\\=-10+0.75+20.25\\=\$11

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