A Project Has the Following Projected Outcomes in Dollars: $250

question 86

Multiple Choice

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

• A) $362.5
• B) $89.4
• C) $94.5
• D) $178.3

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