Worksheet 4.3 5. A small organization is renting an outdoor arena for $1000 and hosting a concert. If is it sunny outside, they can expect to earn $6000 in ticket sales. If it rains, the company will lose the $1000 fee and the event will be cancelled. If there is a 40 % chance of rain on the day of the event, what is the expected value of the concert? emag A ban a liso .12

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