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Eagle Play Sets Estimates a 60% Probability That Sales of Play

Question 20

Multiple Choice

Eagle Play sets estimates a 60% probability that sales of play sets in the summer of 2019 will be 45,000 units, about the same as in 2018.They believe there is a 20% probability that they will be more popular due to its new exclusive line, and potential sales would be 90,000 units.There is also a 20% probability that restrictive zoning ordinances will limit sales to 30,000 units.The expected unit sales of the play sets are


A) 55,000
B) 51,000
C) 67,500
D) 60,000

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