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    Probabilities and Binomial Distributions

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    An investment opportunity has several outcomes as shown in the table. The amounts are in dollars. The probability for each amount is given on the second line of the table.
    Please answer the questions posted in the attachment.

    © BrainMass Inc. brainmass.com June 3, 2020, 8:48 pm ad1c9bdddf
    https://brainmass.com/statistics/probability/probabilities-binomial-distributions-153499

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    Solution Summary

    An investment opportunity has several outcomes as shown in the table. The amounts are in dollars. The probability for each amount is given on the second line of the table.

    $2.19

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