(E4.106) Heavy Equipment A heavy-equipment salesman can contact either one or two customers per day with probabilities......

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(E4.106) Heavy Equipment A heavy-equipment salesman can contact either one or two customers per day with probabilities 1/3 and 2/3, respectively. Each contact will result in either no sale or a $50,000 sale with probabilities 9/10 and 1/10, respectively. What is the expected value of his daily sales?


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