Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 1 of 6
There are ten marbles in a box: one red, three yellow, and six blue. You pick one marble from the box for 75 cents. You win $5 if you pick a red marble, $1 if you pick a yellow marble, and nothing if you pick a blue marble. If you play the game once, what is your expected net gain?
B. $1.25
C. $0.05
A. $0.35
B. $1.25
C. $0.05
User Contributed Comments 3
| User | Comment |
|---|---|
| wundac | much more logical with real numbers |
| khalifa92 | then read the example in LOS |
| thevinu | Weighted Avg - Cost |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
calculate expected values, variances, and standard deviations and demonstrate their application to investment problems
CFA® 2025 Level I Curriculum, Volume 1, Module 4.