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The Decision Tree Shows the Profit Outcomes for a Toy

Question 1

Multiple Choice

The decision tree shows the profit outcomes for a toy store in a strong and a weak economy for next year. What is the expected value of the store's profit in a strong economy? The decision tree shows the profit outcomes for a toy store in a strong and a weak economy for next year. What is the expected value of the store's profit in a strong economy? A) $10,500 B) $15,000 C) $16,000 D) $30,000


A) $10,500
B) $15,000
C) $16,000
D) $30,000

Correct Answer:

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