Solved: Determining expected value under certainity, Algebra

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Determining expected value under certainity

Assignment:

What is expected value under certainty of the following investments, and the expected value of perfect info
In a good market    in a bad market
Houses    +10    -5
Dogs    +7    -4
Cats    +5    -2
Chances of bad market 60%

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Algebra: Determining expected value under certainity

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