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Question #10 Compute the expected value. 0.2 15,000 0.5 11,000 0.3 9,000 Piçk x 0.1 4,000 DI C2 -0.7 12,000 Pick y 10,000 `0.2 0.3 U.2 12,000 C4 Pick ZI 0.8 9,000 0.7 D2 0.3 14,000 Pick Z2 CS 0.7 4,000

Question #10 Compute the expected value. 0.2 15,000 0.5 11,000 0.3 9,000 Piçk x 0.1 4,000 DI C2 -0.7 12,000 Pick y 10,000 `0.2 0.3 U.2 12,000 C4 Pick ZI 0.8 9,000 0.7 D2 0.3 14,000 Pick Z2 CS 0.7 4,000

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question #10 Compute the expected value. 0.2 15,000 0.5 11,000 0.3 9,000 Piçk x 0.1 4,000 DI C2 M -0.7 12,000 Pick y 10,000 0.2 0.3 U.2 12,000 C4 Pick ZI 0.8- 9,000 H. 0,7 D2 0.3 14,000 Pick Z2 0.7 4,000 Answer:
Transcribed Image Text:Question #10 Compute the expected value. 0.2 15,000 0.5 11,000 0.3 9,000 Piçk x 0.1 4,000 DI C2 M -0.7 12,000 Pick y 10,000 0.2 0.3 U.2 12,000 C4 Pick ZI 0.8- 9,000 H. 0,7 D2 0.3 14,000 Pick Z2 0.7 4,000 Answer:
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