An investor is considering an investment in a start-up company. she estimates that she has probability 0.25 of a $ 39,739 loss, probability 0.20 of a $ 19,759 profit, probability 0.15 of a $ 49,068 profit, and probability 0.40 of breaking even (a profit of $0). What is the expected value of the profit?

Question

Write only a number as your answer. Round to the nearest whole number.

Answer 1

EVprofit=.25(-39747)+.2(19759)+.15(59068)+.4(0)

Surely you can do this math.