Getting help with a probability problem

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Marcus Cheng
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  • Problem statement with a table of economic conditions (Poor, Moderate, Good), their probabilities 0.3, 0.5, 0.2, and predicted profits per dollar for Project A and Project B, plus the definition of X as total predicted profit over total investment.
    Screen Shot 2018-03-13 at 3.37.54 pm.png
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Hello Marcus Cheng and welcome to MHB! :D

We ask that our users show their progress (work thus far or thoughts on how to begin) when posting questions. This way our helpers can see where you are stuck or may be going astray and will be able to post the best help possible without potentially making a suggestion which you have already tried, which would waste your time and that of the helper.

Can you post what you have done so far?
 

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