Question: Firm X is considering a project and its analysts have projected the following outcomes and their probabilities. OUTCOME PROBABILITY $5,250 25% $7,800 45% $13,500 30%

Firm X is considering a project and its analysts have projected the following outcomes and their probabilities. OUTCOME PROBABILITY $5,250 25% $7,800 45% $13,500 30% Calculate the expected value of the outcomes?

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