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In your project, probabilities are estimated and the alternatives are expected to be as follows: 25% probability for $ 36,000 profit 50% probability for $
In your project, probabilities are estimated and the alternatives are expected to be as follows:
25% probability for $ 36,000 profit 50% probability for $ 50,000 profit 25% probability for $ 120,000 profit
What is the expected profit in your project?
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