The probability distribution of the outcome of an investment is
| Outcome (Rs.) | 1000 | 700 | 300 |
| Probability | 0.2 | 0.5 | 0.3 |
The expected rate of return is
A. 540
B. 640
C. 740
D. 840
Answer: Option B
This Question Belongs to Mining Engineering >> Mine Economics
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