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Solve completely with all steps You purchase a used truck for $10,000. Estimates of the useful life of the truck range from an optimistic 15

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You purchase a used truck for $10,000. Estimates of the useful life of the truck range from an optimistic 15 years to a pessimistic 3 years. The most likely useful life is 6 years. What is the expected mean life of the truck? 7 years 9 years 6 years 8 years

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