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QUESTION 19 HW 1 The Alliance Corp. expects to sell the following number of units of copper cables at the prices indicated, under three different

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QUESTION 19 HW 1

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The Alliance Corp. expects to sell the following number of units of copper cables at the prices indicated, under three different scenarios in the economy. The probability of each outcome is indicated. Outcome Probability Units Price A 6 . 56 270 $ 29 B 0 . 36 460 44 C 6 . 26 690 54 I What is the expected value of the total sales projection? Total expected value

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