Business, 17.04.2020 01:07 wedderman2583
You need to hire some new employees to staff your startup venture. You know that potential employees are distributed throughout the population as follows, but you can't distinguish among them:
Employee Value Probability
$50,000 0.25
$69,000 0.25
$88,000 0.25
$107,000 0.25
The expected value of hiring one employee is
Answers: 3
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