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Mathematics, 22.04.2020 23:05 chilanka

A farmer has $100,000 worth of cherries on the trees in his orchard. There is a 10% chance of the weather ruining his crop before harvest in
which case he would lose $40,000 worth of cherries. What would be the expected value of the crop?

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A farmer has $100,000 worth of cherries on the trees in his orchard. There is a 10% chance of the we...
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