Question: the following table is a probability distribution for the ABC company's projected profits (x=profits in $ 1000s) for the first year of operation (the negative
the following table is a probability distribution for the ABC company's projected profits (x=profits in $ 1000s) for the first year of operation (the negative value denotes a loss).
x............p(x)
100........010
0............0.20
50..........0.30
100........0.25
150.........0.10
200.........0.05
what is the expected value of the distribution?
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