asked 28.2k views
4 votes
a retailer is considering investing 190000 in a second store the probability that sales will be 300000 is 0.6 and the probability that sales will be 150000 is 0.4 what is the net gain

asked
User Keita
by
8.2k points

1 Answer

2 votes
I believe this would be 60,000. However, I'm not 100% sure

Hope this helps! & if you could, let me know if I am right please!
answered
User Morten Grum
by
8.1k points
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