Question
Suppose that on any given day the return on Google stock is either down 2000 points (with probability .6), or at 0 points (with probability
Suppose that on any given day the return on Google stock is either down 2000 points (with probability .6), or at 0 points (with probability .1) or up 3000 points (with probability .3).
Let X be the amount of stock points google is at for one day
a. Create the probability distribution table for Compute the expected return for one day.
b. Computed the expected value for the google stock points for one day. Interpret value in a full sentence in the context of the problem. ( Do not use the expected value is " " as the sentence)
***(excel work or written work)***
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