Calculate the expected gain or loss for Stock MNO. Lose $25 Gain $5 Gain $45 Stock ABC 40% 15% 45% Stock JKL 15% | 65% 20% Stock MNO 5% 80% 15%

Question

asked Dec 21, 2021 162k views

2 Answers

Kev Riley · Answer 1 · 2021-12-24T23:12:56+0000

Answer

should be 9.5

Explanation:

1) so use the expected value formula.

2) -25 ( lose 25 thing) times 5% plus 5 (gain 5) times 80% plus 45 (gain 45) times 15%.

3) put that into you calculator and you have you answer