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The possible returns and associated probabilities of two independent projects are as follows:It has been...

The possible returns and associated probabilities of two independent projects are as follows:

It has been decided that both projects are to be launched.

Which TWO of the following statements are correct? (Choose two.)

A.

The expected value of the total return is $41,500 gain.

B.

The probability of the total return being a loss is 0.10.

C.

The probability of making a total return of exactly $5,000 gain is 0.02.

D.

The probability of the total return being a gain is less than 1.00.

E.

The expected value of the total return is $40,000 gain.

CIMA BA2 Summary

  • Vendor: CIMA
  • Product: BA2
  • Update on: Jul 29, 2025
  • Questions: 392
Price: $52.5  $149.99
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