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Mathematics, 26.09.2019 20:20 ashhuizing
Acontractor is considering a sale that promises a profit of $23000 with a probability of 0.7 or a loss (due to bad weather, strikes, and such) of $12,000 with a probability of 0.3. what is the expected profit?
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Acontractor is considering a sale that promises a profit of $23000 with a probability of 0.7 or a lo...
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