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What is the net dollar advantage or disadvantage

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Reference no: EM132751987

Question - If Cat and Joe stay in Kamloops instead of going to Bullarama, there is a 30% chance they will have 125 customers, a 45% chance they will have 100 customers, and a 25% chance they will have only 75 customers. Further assume that if Cat and Joe go to Bullarama, there is a 35% chance they will have no onsite competitors, a 45% chance they will have one onsite competitor, and a 20% chance they will have two onsite competitors. What is the net dollar advantage or disadvantage of attending the Bullarama event?

Reference no: EM132751987

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