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Mathematics, 02.03.2020 21:00 JohnStewart714

Four possibilities have probabilities 0.4, 0.2, 0.2 and 0.2 and values $40, $30, $20, and $10 respectively. The expected value is: a. $22 b. $28 c. $26 d. $24

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Four possibilities have probabilities 0.4, 0.2, 0.2 and 0.2 and values $40, $30, $20, and $10 respec...
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