Use the Following Data to Answer Questions 77-87

question 48

Multiple Choice

Use the following data to answer questions 77-87.
-Refer to the data on Expected Demand for Acme Widgets.For the various demand scenarios and their associated probabilities,the option to build has an expected value of ______.

• A)$27.80 million
• B)$31.40 million
• C)$41.60 million
• D)$52.55 million

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Definitions:

Millimetres

A unit of length in the metric system equal to one thousandth of a metre.

Outliers

Observations in data that are significantly distant from the majority of other data points, often indicating a measurement error or a novel phenomenon.

Gas Prices

The cost per unit volume of gasoline, often varying based on location, supply, demand, and taxes.

Distribution

The process by which goods are transported and delivered from a supplier to end consumer, or the statistical arrangement of values within a dataset.