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Asa buys a painting. There is a 30% probability that the artist will become famous and the painting will be worth $9000. There is a
Asa buys a painting. There is a 30% probability that the artist will become famous and the painting will be worth $9000. There is a 13% probability that the painting will be destroyed by fire or some other disaster. If the painting is not destroyed and the artist does not become famous, it will be worth
$4500.
The expected value of the painting is BLANK (round your answer to the nearest penny)
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