An investor is considering an investment in a start-up company. She estimates that she has probability 0.38 of a 11200 loss, probability 0.21 of a 8000 profit, probability 0.17 of a 37000 profit, and probability 0.24 of breaking even (a profit of $0). What is the expected value of the profit? Would you advise the investor to make the investment?

The probability that a 29-year old female will die within 1-year is 0.000594. If an insurance company sells a 1-year, $50000 life insurance policy to a 29-year old female for $77, what is the expected value for the insurance company? Round your answer to the nearest cent.

Business projection: An investor is considering an investment in a start-up company. She estimates that she has probability  0.39  of a  $22,400  loss, probability  0.28  of a  $10,000  profit, probability  0.13  of a  $34,000  profit, and probability  0.2  of breaking even (a profit of  $0 ). What is the expected value of the profit? Would you advise the investor to make the investment?       The expected value of the profit is  $

You have inherited a lottery ticket that may be a $5,000 winner. You have a 35% chance of winning the $5,000 and a 65% chance of winning $0. You have an opportunity to sell the lottery ticket for $1,500. What is your expected return and what should you do if are risk neutral?