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A stock analyst assigns the following probability distribution to the possible earnings per share (eps) of a company: he believes there is a probability of 0.29 that eps will be 1.04, a probability of 0.37 that eps will be 1.30, and otherwise eps will be 1.52. What is the expected value of the eps? (please express your answer using 2 decimal places)

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Category:- Statistics and Probability
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