Mathematics
Mathematics, 12.01.2020 12:31, izzysmith6836

An it company plans to invest in a new game app for smart phones. suppose there is a 20% chance that the company will lose $100,000, a 40% chance it will lose $75,000, and a 40% chance of a $250,000 profit. based only on this information, should the it company invest in the app?

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An it company plans to invest in a new game app for smart phones. suppose there is a 20% chance that...

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