Question 210376
I think the question here is what does the contractor expect when a large enough set of similar deals happens.
You are told that contractor expects to make 20,000 70% of the time and lose 3000 30% of the time.
So what can the contractor expect if he/she does a bunch of these deals?
{{{20000*0.7 - 3000*0.3}}}
{{{14000 - 900}}}
{{{13100}}}