Question: ?Question 3 [ 1 0 ?Marks ] Read the below scenarios and answer the question that follows. Scenario A The possibility of earning a profit
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?Question
?Marks
Read the below scenarios and answer the question that follows.
Scenario A
The possibility of earning a profit of R ?is ?if Emma sells ?units; the possibility
of earning a profit of R ?is ?if she sells ?units.
Scenario B
The possibility of earning a profit of ?is ?if she sells ?units, and the possibility
of earning a profit of R ?is ?if she sells ?units.
Required
Calculate the expected values for both scenarios.
?marks
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