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Home Q & A Board Science-Related Homework Help Mathematics
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nursemegan nursemegan
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4 years ago
A store specializing in electronics is to open in one of two malls. If the first mall is selected, the store anticipates a yearly profit of if successful and a yearly loss of 70,000 otherwise.  The probability of success is .  If the second mall is selected, it is estimated that the yearly profit will be if successful; otherwise, the annual loss will be . The probability of success at the second mall is . What is the expected profit at each of the two malls?

▸ first mall: $172,500; second mall: $87,500

▸ first mall: $155,000; second mall: $87,500

▸ first mall: $172,500; second mall: $135,000

▸ first mall: $155,000; second mall: $135,000
Textbook 
Thinking Mathematically

Thinking Mathematically


Edition: 6th
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ShayT0923ShayT0923
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nursemegan Author
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4 years ago
Thanks for your help!!
riptide
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This site is awesome
lierac00
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2 hours ago
Thanks
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