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Fran Is Considering Moving to Denver

question 94

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Fran is considering moving to Denver. 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 $3,000 less. The expected value of moving to Denver is:


Definitions:

Cardiovascular Disease

A range of conditions that affect the heart and blood vessels, leading to problems like heart attacks and strokes.

Long-Distance Runner

An athlete specialized in running distances longer than 3000 meters, typically encompassing events such as marathons.

Inactive Life

A lifestyle characterized by a lack of physical activity, which can lead to health problems such as obesity and cardiovascular disease.

All-Cause Mortality

The total number of deaths due to any cause within a specific population and time frame, often used to measure the general health of a population.

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