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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 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 325 40 0.50 0.30 570 55 0.20 910 65 What is the expected value of the total sales projection? Total expected value
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