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  #181  
Old 11-15-2005, 11:44 AM
slong slong is offline
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Join Date: Sep 2005
Posts: 60
Default Re: Analysis
[ QUOTE ]

JJ:
...
EV = 0.67*315 + 0.26*(540) + 0.07*(540) = $190.35


[/ QUOTE ]

I used the wrong second term in the equation but the answer is correct, should be:
EV = 0.67*(315) + 0.26*(-225) + 0.07*(540) = $190.35
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