8. Suppose there is a 30 percent chance tI1at you will lose $10,{X)O and a 70 percent...
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8. Suppose there is a 30 percent chance tI1at you will lose $10,{X)O and a 70 percent chance that you will eam $100,000 on a particular project. What is tI1e project's estimated monetary value?
a. -$30,000
b. $70,000
c. $67,(0)
d. -$67,000
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