6.) A man wants to invest $1000. The probabilities of the various outcomes at the end of one year are as follows: Result Probability $2000 (double his money) 0.3 $1500 0.1 $1000 $500 0.3 $0 (lose everything) 0.1 Calculate the expected value if he were to invest the $1000.? 0.2 (5marks)