Question: how would I solve this question? What would the solution be? Question 17 (1 point) A company believes that there will be a 40% chance

how would I solve this question? What would the solution be?

Question 17 (1 point) A company believes that there will be a 40% chance of making a profit of $1,000, a 30% chance of making a profit of $1500 and a 30% chance of making a profit of $2,000. Hence, the expected profit is 1450 300 2000 1150

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