They estimate that units could be as high as 150 and as low as 75 and the price cold be as high as $550 and as low as $475. You have determined that there is a50% chance of the worst-case scenario, a 205 chance of the most likely scenario and a 30% chance of the best-case scenario. If all operating costs of the three scenarios are the same and are $250 per unit. What is the expected value of the gross profit of the project?

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