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Faced with a fluctuating economic condition, Z enterprises establish a probability of 60%, 30%, 10% probabilities that sales will be realized during the strong, stable,

Faced with a fluctuating economic condition, Z enterprises establish a probability of 60%, 30%, 10% probabilities that sales will be realized during the strong, stable, and weak economic conditions in 2023 respectively. Determine the expected sales level for Z enterprises next year. Show a detailed solution.

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