Mathematics, 01.10.2019 21:00 manarsadi6
Amanufacturer is considering building a new and better mousetrap. she estimates the probability that the new mousetrap will be successful is 3434. if it is successful, it would be able to make $120,000. of course, she would make nothing if it were unsuccessful. the development costs for the mousetrap are $98,000. what is the expected value?
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