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Central Parking Is Considering Whether to Expand Their Current Facilities

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Central Parking is considering whether to expand their current facilities. There is a 30 percent chance that 100 more spots will be needed because of a new increase in subway fares. However there is a 70 percent chance that only 50 more spots will be needed because the cost of driving will be roughly equal to mass transit. What should be their average lot expansion size?


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