Mathematics, 24.08.2019 02:20 rileyeddins1010
Aconstruction company is planning to bid on a building contract. the bid costs the company $1900. the probability that the bid is accepted is 1/10. if the bid is accepted, the company will make $94000 minus the cost of the bid.
a. what is the expected value in this situation?
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Aconstruction company is planning to bid on a building contract. the bid costs the company $1900. th...
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