Two construction contracts are to be randomly assigned to


Two construction contracts are to be randomly assigned to one or more of three firms: I, II, and III. Any firm may receive both contracts. If each contract will yield a profit of $90,000 for the firm, find the expected profit for firm I. If firms I and II are actually owned by the same individual, what is the owner's expected total profit?

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Basic Statistics: Two construction contracts are to be randomly assigned to
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