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Probability Bank

Project Value

Work through the prompt below, check your answer, and reveal the full solution when you're ready.

Probability Bank
Difficulty: Easy
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Question

Project Value

A company plans to invest in a particular construction project. There is a 35% chance that it will lose $30,000, a 40% chance that it will break even, and a 25% chance that it will make a profit of $55,000. How much can the company expect to make or lose on this project?

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