If Cat and Joe stay in Kamloops instead of going to Bullarama, there is a 30% chance they will have 125 customers (optimistic), a 45% chance they will have 100 customers (realistic), and a 25% chance they will have only 75 customers (pessimistic). The net income under each scenario is optimistic $675, realistic $531 and pessimistic $387. 

What is the expected net income of staying in Kamloops?

Answer rating: 100% (QA)

To calculate the expected net income of staying in Kamloops you can multiply the net income under e... View the full answer