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Frank Is Considering Moving to Calgary

question 27

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Frank is considering moving to Calgary.There is a 70% chance that he will find a job that pays $1,000 more than what he currently earns and a 30% chance he will find one that pays $3000 less.The expected value of moving to Calgary is


Definitions:

Heart

A muscular organ that pumps blood through the circulatory system by rhythmic contraction and expansion.

Pulmonary Trunk

The major blood vessel that originates from the right ventricle of the heart and bifurcates into the left and right pulmonary arteries, carrying deoxygenated blood to the lungs.

Pulmonary Artery

The artery carrying deoxygenated blood from the right ventricle of the heart to the lungs for oxygenation.

Left Lung

The lung on the left side of the body, which is smaller than the right lung and consists of two lobes to accommodate the heart.

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