Find the expected profit for Product A, given the following information:
Cost of Design and Development: $2,100,000; Estimated Sales: 40% probability of sales of $6,500,000; 45% probability of sales of $2,900,000; 15% probability of sales of $1,800,000.
?
A. $1,945,000
B. $2,075,000?
C. ?$3,125,000
D. ?$4,925,000
E. ?$6,275,000
Answer: B
Mathematics
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