If He Feels the Chances of Low, Moderate, and High

question 92

Multiple Choice

If he feels the chances of low, moderate, and high demand are 30%, 30%, and 40% respectively, what is the expected annual profit for the bus that he will decide to purchase?

• A)$15,000
• B)$61,000
• C)$69,000
• D)$72,000
• E)$87,000

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Definitions:

Adult Learning Cycle

A process of learning that adults go through, involving experiences, reflection, forming abstract concepts, and testing in new situations.

Memory Skills

The cognitive abilities that enable an individual to encode, store, and retrieve information efficiently.

Presidents' Names

References to the individuals who have held the office of the president in various countries, often used in historical or political contexts.

Retain

To keep in possession or memory; holding onto information, objects, or positions without letting go or losing them.