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anonymous
 5 years ago
in a proposed bussiness venture a bussiness woman estimates there is a 60 percent chance she will make 62,000 and a 40 percent chance she will loose 51,000. determine her expected value
anonymous
 5 years ago
in a proposed bussiness venture a bussiness woman estimates there is a 60 percent chance she will make 62,000 and a 40 percent chance she will loose 51,000. determine her expected value

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anonymous
 5 years ago
Best ResponseYou've already chosen the best response.062,000(0.60)51,000(0.40)=16,800, similar to weighted average of the probability. has this got to do with real options?

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Err. I dont really want to answer the question as it appears to be a homework problem but the answer by gloomberg is wrong.

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Actually it isnt wrong ... i misread the question.
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