The Triple L investment club is considering purchasing a certain stock. After considerable research, the club members
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The Triple L investment club is considering purchasing a certain stock. After considerable research, the club members determine that there is a 70% chance of making $15,000, a 10% chance of breaking even, and a 20% chance of losing $8500. Determine the expectation of this purchase.
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Related Book For 
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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