The chair of the board of directors says, “There is a 50% chance this company will earn a profit, a 30% chance it will break even, and a 20% chance it will lose money next quarter.”

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02-01-2022
Mathematics

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The chair of the board of directors says, “There is a 50% chance this company will earn a profit, a 30% chance it will break even, and a 20% chance it will lose money next quarter.”

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