AIR MATH

Math Question

Calculate the expected gain or loss for Stock ABC.
\begin{tabular}{r|c|c|c} 
& Lose \$25 & Gain \$5 & Gain \( \$ 45 \) \\
\hline Stock ABC & \( 40 \% \) & \( 15 \% \) & \( 45 \% \) \\
\hline Stock JKL & \( 15 \% \) & \( 65 \% \) & \( 20 \% \) \\
\hline Stock MNO & \( 5 \% \) & \( 80 \% \) & \( 15 \% \)
\end{tabular}

Solution

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