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Calculate the expected return for a miami marlins outfielder

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Problem 1: Calculate the expected return for a Miami Marlins outfielder next year if there is a 20% chance he hits 25 HR, a 30% chance he hits 30 HR, a 35% chance he hits 35 HR, and a 15% chance he hits 40 HR. Assume that home runs perfectly measure his overall production.

Reference no: EM132718074

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