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Mathematics, 08.04.2021 19:30 carolina1636

Andy is going to invest his money into two different stocks. Both stocks are independent. One stock has a 50% chance of being successful and a 50% chance of falling. The other has a 60% chance of being successful and a 40% chance of falling. Each stock will make Andy $500 if it succeeds or lose
him $500 if it fails. What is the probability distribution of profit?

Profit
Probability
Both Fail
1 fail
O fail

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Answers: 2

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