A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 10% chance of returning $11,000,000 profit, a 31% chance of returning $3,500,000 profit, and a 59% chance of losing the million dollars. The second company, a hardware company, has a 5% chance of returning $10,000,000 profit, a 34% chance of returning $1,000,000 profit, and a 61% chance of losing the million dollars. The third company, a biotech firm, has a 11% chance of returning $5,000,000 profit, a 18% of no profit or loss, and a 71% chance of losing the million dollars. Order the expected values from smallest to largest.

A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 10% chance of returning $11,000,000 profit, a 31% chance of returning $3,500,000 profit, and a 59% chance of losing the million dollars. The second company, a hardware company, has a 5% chance of returning $10,000,000 profit, a 34% chance of returning $1,000,000 profit, and a 61% chance of losing the million dollars. The third company, a biotech firm, has a 11% chance of returning $5,000,000 profit, a 18% of no profit or loss, and a 71% chance of losing the million dollars. Order the expected values from smallest to largest.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter6: Systems Of Linear Equations And Inequalities

Section6.1: Graphing Systems Of Equations

Problem 59PFA

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