For this problem, use the fact that the expected value of an event is a probability weighted average, then of each probable outcome multiplied by the probability of the event occurring You wish to hire Ron to manage the Dallas operations of your company. The profiles from the operations depend partially on how hard Ron works as follows. Probabwe Prolt - $15.000 Profit - $55,000 70% 30% 20% Lary Hard wor Ron is lazy, he will surf the Internet all day, and he views this as a zero cost opportunity. However, Ron would view working hard as a personal cour valued at $1.500. What and percentage of the profits should you offer Ron? Assure on only cares about his expected payment loss any personal cost" You should offer Ron at least of the protes (round your response to two decimal places) For this problem, use the fact that the expected value of an event is a probability weighted average, then of each probable outcome multiplied by the probability of the event occurring You wish to hire Ron to manage the Dallas operations of your company. The profiles from the operations depend partially on how hard Ron works as follows. Probabwe Prolt - $15.000 Profit - $55,000 70% 30% 20% Lary Hard wor Ron is lazy, he will surf the Internet all day, and he views this as a zero cost opportunity. However, Ron would view working hard as a personal cour valued at $1.500. What and percentage of the profits should you offer Ron? Assure on only cares about his expected payment loss any personal cost" You should offer Ron at least of the protes (round your response to two decimal places)