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2 June, 12:05

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%

+5
Answers (1)
  1. 2 June, 12:20
    0
    Answer

    should be 9.5

    Step-by-step 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
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