Question: Which scenario would be able to use an expected value calculation to determine the information needed? A consumer trying to figure out what a deposit

Which scenario would be able to use an expected value calculation to determine the information needed? A consumer trying to figure out what a deposit of $9,500 at 12% compounded semiannually will be worth, if left in the bank for 6 years. There is an office raffle in which 500 tickets will be sold for a chance to win a new toaster worth $50. A facilities manager needs to know if the electric carts the company bought are operating at an average length of time, which at least meets or exceeds the warranty period of 24 months

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