Q3
The probability distribution of the outcome of an investment is Outcome (Rs.) 1000 700 300 Probability 0.2 0.5 0.3 The expected rate of return is
The probability distribution of the outcome of an investment is
The expected rate of return is
| Outcome (Rs.) | 1000 | 700 | 300 |
| Probability | 0.2 | 0.5 | 0.3 |
A.
540
B.
640
AnswerC.
740
D.
840
Answer: Option B
Solution
Answer: Option B
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