Mathematics, 29.01.2020 06:54 laylay120
Explain the answer to this question and i'll mark brainliest! a private investigator figures that he has a one in ten chance of recovering stolen property for his client. the expenses for the investigation will cost him $10,000, but the recovery fee is $80,000. based only on this information, should the private detective take the job?
a) the expected value is $1,000.00, so the detective should take the job.
b) the expected value is $2,000.00, so the detective should take the job.
c) the expected value is −$2,000.00, so the detective should not take the job.
d) the expected value is −$8,000.00, so the detective should not take the job.
Answers: 2
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Explain the answer to this question and i'll mark brainliest! a private investigator figures that h...
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