6.15 A film production company is about to release a new movie. They estimate that there is...
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6.15 A film production company is about to release a new movie. They estimate that there is 5 per cent chance that the film will make a profit of $14 m, a 30 per cent chance that it will make a $1 m profit, a 25 per cent chance that it will break even, and a 40 per cent chance that it will make a loss of $2 m. What is the expected return from the film?
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