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1 Gibson Manufacturing Corporation expects to sell the following number of units of steel cables...

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1 Gibson Manufacturing Corporation expects to sell the following number of units of steel cables at the prices indicated, under the different scenarios in the economy. The probability of each outcome is indicated Outcome Probability 0.50 9.30 B.20 Units 270 460 650 Price $29 44 54 10 po What is the expected value of the total sales projection? Total expected value

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