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Can you help me interpret a portion of the question below? When it says assume the 3 economic conditions have an equal chance of occurring

Can you help me interpret a portion of the question below? When it says assume the 3 economic conditions have an equal chance of occurring makes me think that I should give each of them equal weight. However, in the next sentence it says the Good Economy is twice as likely. How should I interpret this when deciding what to calculate? I'm having a hard time understanding the question.

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