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Knowledge Article: Fair Decisions with Random Variables Break-Even Point: the point where the money that comes in matches exceeds the expenses. Fair Decision: a reasonable
Knowledge Article: Fair Decisions with Random Variables Break-Even Point: the point where the money that comes in matches exceeds the expenses. Fair Decision: a reasonable expectation of expenses being lower higher than the income. If expenses __________ the income the expected value = zero. If the income is less greater than the expenses the expected value is positive. Many nonprofits operate with a _________ expected value. Expected Value and Break-Even Point
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