If the lifetime earnings of a high-school graduate average, Mechanical Engineering

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If the lifetime earnings of a high-school graduate average

Studies have concluded that a college degree is a very good investment. Suppose that a college graduate earns about 75% more money per hour than a high-school graduate. If the lifetime earnings of a high-school graduate average $1,200,000, what is the expected value of earning a college degree?

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Mechanical Engineering: If the lifetime earnings of a high-school graduate average

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Mechanical Engineering: If the lifetime earnings of a high-school graduate average

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