Kentavious has grown out of his favorite manga (a Japanese comic book) Berserk and would like to sell his entire collection that he purchased for a total of $725. He feels that he can sell the collection for $700 with a probability of 0.18, or he can sell the collection for $675 with a probability of 0.37, or he can sell it for $600 with a probability of 0.45. How much is Kentavious expected to lose when selling his collection? Enter in your exact answer (no rounding) in the space below. Make sure to enter in a positive number.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Kentavious has grown out of his favorite manga (a Japanese comic book) **Berserk** and would like to sell his entire collection that he purchased for a total of $725. He feels that he can sell the collection for $700 with a probability of 0.18, or he can sell the collection for $675 with a probability of 0.37, or he can sell it for $600 with a probability of 0.45. How much is Kentavious expected to lose when selling his collection?

**Enter in your exact answer (no rounding) in the space below. Make sure to enter in a positive number.**

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Transcribed Image Text:Kentavious has grown out of his favorite manga (a Japanese comic book) **Berserk** and would like to sell his entire collection that he purchased for a total of $725. He feels that he can sell the collection for $700 with a probability of 0.18, or he can sell the collection for $675 with a probability of 0.37, or he can sell it for $600 with a probability of 0.45. How much is Kentavious expected to lose when selling his collection? **Enter in your exact answer (no rounding) in the space below. Make sure to enter in a positive number.** [Text Box]
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