Mathematics, 30.06.2021 01:00 jae5547

An oil company is considering two sites on which to drill. The sites are described in the following table. Complete parts (a) through (b) below. Site A:
Profit if oil is found: $50 million
Loss if no oil is found: $2 million
Probability of finding oil: 0.2

Site B:
Profit if oil is found: $75 million
Loss if no oil is found: $19 million
Probability of finding oil: 0.1

If the expected profit for both sites is not the same, by how much is the expected profit larger?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:30, kaelyynn752

Iwill give brainliest only if your correct the words subsequent and submerge both contain the prefix sub. based on this information, what does the prefix sub most likely mean? a) under or secondary b) true or verifiable c) tricky or difficult d) around or centered on

Answers: 1

continue

Mathematics, 21.06.2019 19:00, morgeron6071

Which statement best explains why ben uses the width hi to create the arc at j from point k

Answers: 2

continue

Mathematics, 22.06.2019 02:30, michelle230

6. sarah saved $12.75 every week for a number of weeks, w. she received an additional $25 during the last week in which she saved money. write and solve an equation to find the number of weeks, w, for which sarah had saved money if she has $114.25 now.

Answers: 3

continue

Mathematics, 22.06.2019 03:30, baler19

Jack has a rectangular piece of land, the area of which is represented by a1 = 9.5l. his brother has a different rectangular piece of land, the area of which is represented by a2 = l(14 − l). let a represent the area in square meters and l represent the length in meters of the pieces of land. the two equations plotted on a graph meet at a point as shown in the image

Answers: 1

continue

You know the right answer?

An oil company is considering two sites on which to drill. The sites are described in the following...