Question 5, 11.5.35
Part 2 of 4
HW Score: 60%, 3 of 5 points
Points: 0 of 1
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An educational publisher representative presently has five accounts, and her manager is considering assigning her three
more accounts. The new accounts would bring potential volume to her business, and some of her present accounts
have potential for growth as well. Compute the missing expected values in column 5.
1
2
3
4
5
Account Existing
Potential
Probability of Getting
Expected Value of
Number Volume Additional Volume Additional Volume Additional Volume
1
$17,000
$13,000
0.51
$6630
2
36,000
0
3
26,000
19,000
0.28
5320
4
34,000
0
5
13,000
5,000
0.34
1700
6
0
32,000
0.05
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