Find the probability of expected profit

Reference no: EM131129462

The probability that Ms. Brown will sell a piece of property at a profit of $3,000 is 3/20 , the probability that she will sell it at a profit of $1,500 is 7/20 , the probability that she will break even is 7/20 , and the probability that she will lose $1,500 is 3/20 . What is her expected profit?

Reference no: EM131129462

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