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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Related Book For
A Survey Of Mathematics With Applications
ISBN: 9780135740460
11th Edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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