Chapter 11.5, Problem 34E

1	2	3	4	5	6
AccountNumber	ExistingVolume	PotentialAdditionalVolume	Probability of Getting Additional Volume	Expected Value of Additional Volume	Existing Volume plus Expected Value of Additional Volume
1	$10,000	$10,000	0.40	$4000	$14,000
2	30,000	0	—	—	30,000
3	25,000	15,000	0.20	3000
4	35,000	0	—	—
5	15,000	5,000	0.30
6	0	30.000	0.10
7	0	25,000	0.70
8	0	45,000	0.60

Expected Values in Book Sales Jessica, an educational publisher representative, presently has five accounts, and her manager is considering assigning her three additional accounts. The new accounts would bring potential volume to her business, and some of her present accounts have potential for growth as well. See the accompanying table.

Use the preceding table to work Exercises 31-35.

If Jessica achieved her expected additional volume in all accounts, what would be the total volume of all her accounts?