SOLUTION: In a proposed business venture, a businesswoman estimates there is a 70% chance she will make $59000 and a 30% chance she will lose $55000. Determine her expected va
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Question 1153453: In a proposed business venture, a businesswoman estimates there is a 70% chance she will make $59000 and a 30% chance she will lose $55000. Determine her expected value Answer by ikleyn(52893) (Show Source):
