[See Steps] You own a business called "Creative Consultants". Your firm has been hired to organize a fundraiser for a local charity. Based on the success
Question: You own a business called "Creative Consultants". Your firm has been hired to organize a fundraiser for a local charity. Based on the success of the fundraiser, you stand to gain or lose a large sum of money. The firm estimates the probabilities of potential profit (or loss) as shown in the table.
What is the profit expectation for your firm?
| Profit/Loss | Probability |
| $500,000 | 5% |
| $450,000 | 15% |
| $10,000 | 25% |
| -$250,000 | 20% |
| -$5000 | 10% |
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