A company plans a major investment and the amount of profit is uncertain but researchers give the following estimate for the

Question

A company plans a major investment and the amount of profit is uncertain but researchers give the following estimate for the distribution Profit in millions Probability 1 0 1 1 5 0 2 2 0 4 0 2 What is the expected value of the profit 1 million dollars 10 0 1 Enter

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