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SAT, 16.02.2022 14:00 neelydeY23

A cd has a 5% chance of being a smash hit and profiting $5. 2 million, a 50% chance of being a modest success and profiting $0. 9 million, and a 45% chance of being a flop and breaking even. What is the expected earnings value of the cd?.

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A cd has a 5% chance of being a smash hit and profiting $5. 2 million, a 50% chance of being a modes...

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