A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 11% chance of returning $5,000,000 profit, a 29% chance of returning $1,500,000 profit, and a 60% chance of losing the million dollars. The second company, a hardware company, has a 12% chance of returning $5,000,000 profit, a 28% chance of returning $3,500,000 profit, and a 60% chance of losing the million dollars. The third company, a biotech firm, has a 14% chance of returning $10,000,000 profit, a 33% of no profit or loss, and a 53% chance of losing the million dollars. Order the expected values from smallest to largest. third, first, second second, third, first first, second, third third, second, first second, first, third first, third, second
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 11% chance of returning $5,000,000 profit, a 29% chance of returning $1,500,000 profit, and a 60% chance of losing the million dollars. The second company, a hardware company, has a 12% chance of returning $5,000,000 profit, a 28% chance of returning $3,500,000 profit, and a 60% chance of losing the million dollars. The third company, a biotech firm, has a 14% chance of returning $10,000,000 profit, a 33% of no profit or loss, and a 53% chance of losing the million dollars. Order the expected values from smallest to largest. third, first, second second, third, first first, second, third third, second, first second, first, third first, third, second
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
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