Order the answer to: Annual savings due to an energy efficiency

Academic Help business economics Order the answer to: Annual savings due to an energy efficiency

business economics

Order the answer to: Annual savings due to an energy efficiency

Question Annual savings due to an energy efficiency project have a most likely value of $30,000. The high estimate of $40,000 has a probability of 0.2, and the low estimate of $20,000 has a probability of 0.30. What is the expected value for the annual savings?
Subject business economics
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