Mathematics, 28.07.2020 20:01 monae2116
The owner of an antique store estimates that there is a 45% chance she will make 1200 when she sells an antique china cabinet, a 50% chance she will make 900 when she sells the cabinet, and a 5% chance she will break even when she sells the cabinet. Determine the expected gain or loss for the store.
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The owner of an antique store estimates that there is a 45% chance she will make 1200 when she sells...
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