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Business, 08.10.2019 02:30 puchie1225

Under normal conditions (70% probability), plan a will produce $20,000 higher return than plan b. under tight money conditions (30% probability), plan a will produce $100,000 less than plan b. what is the expected value of returns?
a. ($16,000)
b. ($2,000)
c. $28,000
d. $58,000

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