1. a charity fundraiser celebrity baseball game will cost $13,000 to run. if the weather is clear, they will sell 500 tickets at $40 each. but if it rains (.3), then they will only sell 100 tickets. is it a good investment? (what’s the expected value of hosting the game? )
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1. a charity fundraiser celebrity baseball game will cost $13,000 to run. if the weather is clear, t...
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