Mathematics, 18.01.2021 23:30, ishmaya43

A company is considering designing a new and better can opener. The company estimates the probability that the new can opener will be successful is LaTeX: \frac{5}{8}58. If it is successful, it would be able to make $200,000. Of course, the company would make nothing if it were unsuccessful. The development costs for the can opener are $76,000. What is the expected value? Group of answer choices

-$49,000

$49,000

$125,000

$75,000

Answers: 2

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A company is considering designing a new and better can opener. The company estimates the probabilit...