doug and harlod are looking at an investment there is a 10% probability the investment will return $300; a 20% probability it will return $400; a 30%probability it will earn $500; a 30%probability it will return $600 ; and a 10% probability it will return $800. For an investment to be acceptable to Harlod, the probability of getting a return of $ 657 or more must be at least 20%

For an investment to be acceptable to dough the probability of getting $380 or more must be at least 80%

Who would find this to be an acceptable investment?

For an investment to be acceptable to dough the probability of getting $380 or more must be at least 80%

Who would find this to be an acceptable investment?

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