A company has identified four possible outcomes from a new marketing strategy as follows: The expected outcome
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A company has identified four possible outcomes from a new marketing strategy as follows:
The expected outcome of this strategy is $ _____________________.
Transcribed Image Text:
Outcome A Profit ($) 100,000 Probability 0.10 B 70,000 0.40 C 50,000 0.30 D -20,000 0.20
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