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The Alliance Corporation expects to sell the following number of units of copper cables at the prices indicated, under three different scenarios in the economy.

The Alliance Corporation 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 A B C Probability 0.60 0.20 0.20 Units 220 360 490 Total expected value Price $ 19 34 44 What is the expected value of the total sales projection?
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The Alliance Corporation 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. What is the expected value of the total sales projection

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