The Alliance Corp

Finance Sep 03, 2020

The Alliance Corp. expects to sell the following number of units of copper cables at the prices indicated, under three different scenarios in the economy. The probability of each outcome is indicated.
Outcome Probability Units Price $ 29 44 54 A 0.50 270 B C 0.30 0.20 460 690
What is the expected value of the total sales projection?

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