Mathematics, 08.12.2021 03:40 lilpeepxliltracy

A contractor is considering a sale that promises a profit of $21,000 with a probability of 0.7 or a loss (due to bad weather, strikes, and such) of $15,000 with a probability of 0.3. What is the expected profit?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 17:00, sunshine52577oyeor9

Use the graph of the sine function y=2sinθ shown below

Answers: 1

continue

Mathematics, 21.06.2019 18:00, mdlemuslopez

The graph shown is the graph of which function?

Answers: 2

continue

Mathematics, 21.06.2019 20:50, kassandramarie16

Amanda went into the grocery business starting with five stores. after one year, she opened two more stores. after two years, she opened two more stores than the previous year. if amanda expands her grocery business following the same pattern, which of the following graphs represents the number of stores she will own over time?

Answers: 3

continue

Mathematics, 21.06.2019 23:00, lucylooe11

Simplify using positive exponents only.

Answers: 2

continue

You know the right answer?

A contractor is considering a sale that promises a profit of $21,000 with a probability of 0.7 or a...