Question: h) Without assuming that the sales call will be successful (that is, it may or may not he a success), what is the expected gross

 h) Without assuming that the sales call will be successful (that

h) Without assuming that the sales call will be successful (that is, it may or may not he a success), what is the expected gross commission of sales call #1 (do not net out the expected costs)?I Suppose you have a second possible sales call {sales call #2]. Assume that the expected cost remains the same and that the commission rate remains 2.5%, but that the following information is the different information for sales call #2. Assume that you will have a 12% chance of a successful sales call {sales call #2} If sales call #2 is successful, you will sell a house valued at $285,000 with likelihood = 45% you will sell a house valued at $320,000 with likelihood = 25% you will sell a house valued at $355,000 with likelihood = 30% e) Assuming that your sales call is successful, which sales call is the maximin sales call? (Don't simply dene maximin, but use values to justify your

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