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Business, 18.06.2021 19:50 jamarengle2

The budgeting process for a midwestern college resulted in expense forecasts for the coming year (in millions) of , and . Because the actual expenses are unknown, the following respective probabilities are assigned: , and . Round your answers to 2 decimal places. a. Show the probability distribution for the expense forecast. b. What is the expected value of the expense forecast for the coming year

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