From Paper 1: Business 1
31 mark
A project costs £30,000. It has a 0.6 probability of earning £200,000 and a 0.4 probability of a loss of £50,000. What is the net expected value?
This paper is written by Plasmo in the style of the AQA A-Level Business exam. It is not a past paper and is not produced or endorsed by the exam board.