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Homework answers / question archive / The expected value of an? accountant's profit and loss analysis is 0
The expected value of an? accountant's profit and loss analysis is 0. Explain what this means.
A. An expected value of 0 means that there was not any money gained or spent.
B. Since the expected value cannot be less than? 0, an expected value of 0 means that the average money gained is equal to or less than the average money spent.
C. An expected value of 0 means that the average money gained is equal to the average money? spent, representing the? break-even point.
D. An expected value cannot be equal to 0.
