A gamble costing $200 has the following two outcomes: 0.3 1,000 0.7 0 a. What is the
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A gamble costing $200 has the following two outcomes:
0.3 1,000 0.7 0
a. What is the expected value of this gamble?
b. Is this a fair gamble?
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Bare Essentials Of Investing The Teaching The Horse To Talk
ISBN: 9789812705402
1st Edition
Authors: Harold Bierman
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