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The probability of illness is 0.2 and the income of an individual is $50,000 if not sick but the income declines to $30,000 when the
The probability of illness is 0.2 and the income of an individual is $50,000 if not sick but the income declines to $30,000 when the person is sick. What is the expected income of the individual under this uncertain situation
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Price theory and applications
Authors: Steven E landsburg
8th edition
538746459, 1133008321, 780538746458, 9781133008323, 978-0538746458
