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April 24, 2014

April 24, 2014

Posted by **Diana** on Wednesday, July 29, 2009 at 2:09pm.

- math -
**bobpursley**, Wednesday, July 29, 2009 at 2:14pmexpected value= 1/3 * 40,000 + 1/3*3 + 1/3 * 50

expected value is the sum of the products of the probability of each outcome times the value of the outcome.

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