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New applicants that sign up for a brokerage account will get 1 share of stock from the company. They are randomly assigned, use the information
New applicants that sign up for a brokerage account will get 1 share of stock from the company. They are randomly assigned, use the information from the table to answer the following questions: Chris O'Byrne 2024 x P(x) $4 0.23 $9 0.34 $15 0.20 $20 0.13 $35 0.06 $60 0.04 A. What is the expected value of the stock that a new applicant will receive (no rounding)? B. What is the probability that an applicant will get a stock valued at more than $9
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