Friday
August 29, 2014

Homework Help: Probabilility/Statistics

Posted by Joan on Monday, April 25, 2011 at 4:39pm.

You have $5000 to invest. Two options: (1) 67% chance of making a return of $1000 or getting nothing. (2) 50% chance of making $300 and 50% mking $700?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Statistics - 1. In a certain game, the probability of getting a red outcome is 0...
math - The property restoration company puroserv is considering switching to new...
statistics - the property restoration company is considering switching to new ...
statistics - I have an airplane that has an ignition system that works like this...
project management - to accelerate a project by crashing will cost $20000, the ...
project management - to accelerate a project by crashing will cost $20000, the ...
statistics - A basketball player has a 76% chance of making a free throw. What ...
Finance - Taggart Inc's stock has a 50% chance of producing a 21% return, a 30% ...
Math-Statistics - The chance that a college student has a job offer before ...
Statistics (Reiny) - 1. A consumer organization estimates that 30% of the ...

Search
Members