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Calculate the Expected Value of the following Probability Distribution: Loss Outcome Probability -34 30% -46 50% -53 20% A) -38.2 B) -43.8 C) -44.3 D)
Calculate the Expected Value of the following Probability Distribution:
| Loss Outcome | Probability |
| -34 | 30% |
| -46 | 50% |
| -53 | 20% |
A) -38.2
B) -43.8
C) -44.3
D) -49.6
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