What is the expected value of the outcomes

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Question: A project has the following projected outcomes in dollars: $240, $320, and $580. The probabilities of their outcomes are 15%, 60%, and 25% respectively. What is the expected value of these outcomes? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132058369

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