Why must the probabilities of the possible outcomes of a
1. Why must the probabilities of the possible outcomes of a lottery add up to 1?
2. What is the expected value of a lottery? What is the variance?
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question 1evaluate the following statementsa if the future spot rates are expected to be lower than the current forward
tiny and tim each own half of the 100 outstanding shares of flower corporation this year flower reported taxable income
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1 why must the probabilities of the possible outcomes of a lottery add up to 12 what is the expected value of a lottery
ldquothe value chain provides a useful framework for examining the areas where costs are incurred within a business the
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