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Assume there are two investments, X and Y, and each can only have a return of 10% or 20%. The joint probability that they have
Assume there are two investments, X and Y, and each can only have a return of 10% or 20%. The joint probability that they have the same return is 30% for each case, while the joint probability that they have a different return is 20% in each case. Obtain the expected value for the return of X.
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