For this problem, use the fact that the expected value of an evont is a probability wightied averago, the sum of each possible outcome muliplied by the probability of the event occurring. You wish to hire Ron to manage your Calgary operations. The profits from the operations dopend partially on how hard Ron works, as follows. If Ron is lazy, he will surt the Internet all day, and he views this as a zoto-cost opportunily. However, Ron views working hard as a "porsonal cost" valued at $2,000 What foxed percontage of the profits should you offer Ron? Assume Fon caros cnly about his expected payment less any "personal cost." You should ofler Ron at loast 7 of the profits. (Round your response to two decimal places)