An investor is considering a $25,000 investment in a

Last updated: 7/17/2022

An investor is considering a $25,000 investment in a start-up company. She estimates that she has probability 0.15 of a $15,000 loss, probability 0.05 of a $25,000 loss, probability 0.3 of a $30,000 profit, and probability 0.5 of breaking even (a profit of $0). What is the expected value of the profit? A problem like this is in the notes. $18000 $12500 $5500 -$3333