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Business, 28.08.2019 01:30 dshood2298

The ez construction company is offered a $20 comma 000 contract to build a new deck for a house. the company's profit if they do not have to sink piers (vertical supports) down to bedrock will be $4 comma 000. however, if they do have to sink the piers, they will lose $600. the probability they will have to put in the piers is 10%. what is the expected value of this contract?

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The ez construction company is offered a $20 comma 000 contract to build a new deck for a house. the...

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