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Lisa Runs a Local Flower Shop

Question 20

Multiple Choice

Lisa runs a local flower shop.If it rains on Valentine's Day and she opens the shop,she will lose $200.If it does not rain on Valentine's Day,she will earn $500 dollars as profits.What is Lisa's expected profit on Valentine's Day if she only knows that there is a 30% chance of rain that day?


A) $350
B) $290
C) $200
D) $150

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