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26 August, 17:05

Yun is making some investments in the stock market. Stock for Company A has a 30% chance of losing $12,000, a 45% chance of breaking even, and a 25% chance of earning Yun $11,000. Assuming Yun would like the odds to be in favor of her gaining money, should she invest in Company A? Explain.

a. no, 7,700 > 3,600

b. yes, 7,700 > 3,600

c. yes, 3,600 > 2,750

d. no, 3,600 > 2,750

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  1. 26 August, 18:29
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    D. no, 3,600 > 2,750.
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