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A project has the following projected outcomes in dollars: $240, $310, and $590. The probabilities of their outcomes are 15%, 60%, and 25% respectively. What
A project has the following projected outcomes in dollars: $240, $310, and $590. The probabilities of their outcomes are 15%, 60%, and 25% respectively. What is the expected value of these outcomes? Multiple Choice $414.50 O $069.50 $354.50 $384.50
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