TABLE 5-7 There Are Two Houses with Almost Identical Characteristics Available for Available

question 100

Short Answer

TABLE 5-7
There are two houses with almost identical characteristics available for investment in two different neighborhoods with drastically different demographic composition. The anticipated gain in value when the houses are sold in 10 years has the following probability distribution:

-Referring to Table 5-7, what is the expected value gain for the house in neighborhood B?

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