What is the expected value for the annual savings

Reference no: EM132165039

Question: Annual savings due to an energy efficiency project have a most likely value of $30,000. The high estimate of $40,000 has a probability of 0.2, and the low estimate of $20,000 has a probability of 0.30. What is the expected value for the annual savings? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132165039

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