Your question is Expected Value of Binary Project. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
You are evaluating a simple trading technology project in SIG's research stack. The project has a 60% chance of generating a $100,000 profit and a 40% chance of producing a $50,000 loss.
What is the expected value of this project?