Business, 18.03.2021 01:20 batmandillon21

A contractor is considering a sale that promises a profit of $ 33,000 with a probability of 0.7 or a loss (due to bad weather, strikes, and such) of $ 16,000 with a probability of 0.3. What is the expected profit

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A contractor is considering a sale that promises a profit of $ 33,000 with a probability of 0.7 or a...

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