Mathematics, 11.08.2022 01:20 tyaslovell

A company plans a major investment and the amount of profit is uncertain, but researchers
give the following estimate for the distribution.
1.5
10

Profit
(in
millions)
Probability

0.1
0.2
0.4
0.2
0.1
What is the expected value of the profit?
[ ? ] million dollars

Answers: 1

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A company plans a major investment and the amount of profit is uncertain, but researchers
gi...