What is the expected value of sales

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Reference no: EM132037127

Your company uses historical data to predict the following scenarios:

Probability. Sales

10%. $25,000,000

20%. $35,000,000

40%. $50,000,000

20%. $60,000,000

10%. $75,000,000

What is the expected value of sales?

Reference no: EM132037127

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