Question
A project has the following projected outcomes in dollars: $240, $320, and $580. The probabilities of their outcomes are 15%, 60%, and 25% respectively. What
| A project has the following projected outcomes in dollars: $240, $320, and $580. The probabilities of their outcomes are 15%, 60%, and 25% respectively. What is the expected value of these outcomes? |
A. $388.00
B. $358.00
C. $373.00
D. $418.00
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Public Finance
Authors: Richard W. Tresch
3rd Edition
012415834X, 9780124158344
