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Mathematics, 04.09.2020 21:01 coollid876

Salty's Surf Shop loses $35,000 during cold, rainy summers and profits $175,000 during summers that are hot and dry. The probability that it will be hot and dry during summers is 30%. What is the expected
profit Salty would realize over 10 years?

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Salty's Surf Shop loses $35,000 during cold, rainy summers and profits $175,000 during summers that...

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