Estimating the expected value of outcomes


A project has the following projected outcomes in dollars: $250, $350, and $500. The probabilities of their outcomes are 25%, 50%, nad 25% respectively. What is the expected value of these outcomes?

A) 362.50,

B) 89.40,

C) 94.50,

D) 178.30

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Estimating the expected value of outcomes
Reference No:- TGS055377

Expected delivery within 24 Hours