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If He Feels the Chances of Low, Moderate, and High

Question 92

Multiple Choice

If he feels the chances of low, moderate, and high demand are 30%, 30%, and 40% respectively, what is the expected annual profit for the bus that he will decide to purchase?


A) $15,000
B) $61,000
C) $69,000
D) $72,000
E) $87,000

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