SOLUTION: In a proposed business venture, a business woman estimates there is a 65% chance she will make $52,000 and 35% chance she will lose $54,000. Determine her expected value
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Question 1026878: In a proposed business venture, a business woman estimates there is a 65% chance she will make $52,000 and 35% chance she will lose $54,000. Determine her expected value Answer by robertb(5830) (Show Source):