Zelda is opening an antiques shop. In the first year, she estimates that there is a 25%

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Zelda is opening an antiques shop. In the first year, she estimates that there is a 25% chance that she will make $20,000, a 40% chance that she will break even, and a 35% chance that she will lose $30,000. Determine Zelda’s expected value for the first year of her business.

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A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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