The expected value that this broker assign to this stock's end-of-the-year price is $58.50.
Using this formula
Expected value=Stock worth at $50+ Stock worth at $60+ Stock worth at $70
Where:
Stock worth at $50=40% chance
Stock worth at $60=35% chance
Stock worth at $70=25% chance
Let plug in the formula
Expected value=(40%×$50)+($35%×$60)+($25%×$70)
Expected value=$20+$21+$17.5
Expected value=$58.50
Inconclusion the expected value that this broker assign to this stock's end-of-the-year price is $58.50.
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brainly.com/question/12834805
Answer:
The final net price of a designer swimsuit is 
Step-by-step explanation:
Let
x-----> the final net price of a designer swimsuit
we know that
![x=\$85[1-\frac{25}{60}]](https://tex.z-dn.net/?f=x%3D%5C%2485%5B1-%5Cfrac%7B25%7D%7B60%7D%5D)
![x=\$85[\frac{35}{60}]](https://tex.z-dn.net/?f=x%3D%5C%2485%5B%5Cfrac%7B35%7D%7B60%7D%5D)
Coefficient of y = 3
Solution:
Given expression is 2 · 4 + 3y.
To find the coefficient of y:
Coefficient means the number in front of the variable or term.
Here, the number in front of y is 3.
2 and 4 are not in front of y, they are separate term.
So, Coefficient of y = 3.
Hence the coefficient of y in the expression 2 · 4 + 3y is 3.
See the attached picture:
Given : Shopkeeper had 10m Cartons of Eggs
Given : He sold 2 of the Cartons and used 1 Carton to cook for his Family
⇒ Shopkeeper took 3 Cartons of Eggs form 10m Cartons of Eggs
⇒ The Shopkeeper is left with (10m - 3) Cartons of Eggs
Option (1) is the Answer
