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On a certain farm alfalfa yields have been 4.3, 7.2, 5.6, and 3.6 tons per acre in the last 4 years. What is the
On a certain farm alfalfa yields have been 4.3, 7.2, 5.6, and 3.6 tons per acre in the last 4 years. What is the expected value for the farm's alfalfa yield, if each past result is given equal weight of 25%?
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Managerial Decision Modeling With Spreadsheets
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
3rd Edition
136115837, 978-0136115830
