Question: Based on the Expected Calculations PPT in lessons, solve the following: a. Promotional cost per piece mailed is: 80 cents b. Net value of a

Based on the Expected Calculations PPT in
Based on the Expected Calculations PPT in lessons, solve the following: a. Promotional cost per piece mailed is: 80 cents b. Net value of a paid order is: $14.00 c. Cost an order that is returned (as in unpaid): $7.00 d. Mr. Jones probability of ordering is 28% and returning is 5% e. Mr. Sung's probability of ordering is 30% and returning is 10%

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