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Mathematics, 29.11.2019 01:31 Jaressayf4466

You want to invest in a hot dog stand near the ballpark. you have a 0.35 probability that you can turn your current $15,000 into $50,000 and an 0.65 probability that fierce competition will drive you to ruin, losing all your money. if you decide not to enter, you keep your $15,000. would you enter the market?

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