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Josie owns a small logistics company, Micro Movers. Micro Movers' revenue is $300,000 per month. The drivers who work for Josie have been involved in

Josie owns a small logistics company, Micro Movers. Micro Movers' revenue is $300,000 per month. The drivers who work for Josie have been involved in a number of accidents recently. Josie estimate that each month there is, a 7% probability that her drivers will have a large number of accidents, incurring repair bills of $180,000. a 27% probability that her drivers will have a small number of accidents, incurring repair bills of $65,000. Josie's company's net revenue (revenue less the cost of any accidents) can be modelled as a lottery. What is the expected value of this lottery? (Do not include a dollar sign in your answer.)

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