SAT, 07.12.2021 03:30, bananaslugs
A cd has a 5% chance of being a smash hit and profiting $5. 2 million, a 50% chance of being a modest success and profiting $0. 9 million, and a 45% chance of being a flop and breaking even. What is the expected earnings value of the cd?.
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A cd has a 5% chance of being a smash hit and profiting $5. 2 million, a 50% chance of being a modes...
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