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MM 8 4 MR A contractor is considering a sale that promises a profit of $35,000 with a probability of 0.84 or a loss of

MM 8 4 MR A contractor is considering a sale that promises a profit of $35,000 with a probability of 0.84 or a loss of $19,000 with a probability of 0.16 (due to bad weather, strikes, and such). The expected profit is P9 95 0

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