Probablity are .22, 36, 28, 14 that an investor wl be able to earn profit for rs 25000,15000,5000,or loss rs 5000 wt is expacted probablity
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Probablity are .22, 36, 28, 14 that an investor wl be able to earn profit for rs 25000,15000,5000,or loss rs 5000 wt is expacted probablity
The expected probability is the sum of the products of each of the sums of money with their associated probability.
What do you get?
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