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{lease help :) A contractor is considering a sale that promises a profit of $20,000 with a probability of .7 or a loss due to b...Asked by A
a contractor is considering a sale that promises a profit of $20,000 with a probability of 0.7 or a loss (due to bad weather, strikes, and such) of $10,000 with a probability of 0.3. What is the expected profit?
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