3. The probability that a bit coin investor will sell his stocks at a profit of...

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3. The probability that a bit coin investor will sell his stocks at a profit of $10500 is 0.22, the probability to sell at a profit of $4000 is 0.35, the probability to break even is 0.32 and the probability that he will sell at a loss of $5000 is 0.11. What is his expected profit? 3. The probability that a bit coin investor will sell his stocks at a profit of $10500 is 0.22, the probability to sell at a profit of $4000 is 0.35, the probability to break even is 0.32 and the probability that he will sell at a loss of $5000 is 0.11. What is his expected profit?

Answer rating: 100% (QA)

For calculating expected profit we have to multiply ProfitLoss in each sc... View the full answer