A companys marketing and accounting departments have
Chapter , Problem 2.128(choose chapter or problem)
A companys marketing and accounting departments have determined that if the company markets its newly developed product, the contribution of the product to the firms profit during the next 6 months will be described by the following: Profit Contribution Probability $5, 000 $10, 000 $30, 000 0.2 0.5 0.3 What is the companys expected profit?
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