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irinina [24]
3 years ago
8

Based on past experience, a building contractor sets the

Mathematics
1 answer:
Leni [432]3 years ago
6 0

Based on the cost of the contract and the probability to win it, the total expected value of the contract proposal is -$2500.

<h3>How to calculate the expected value of a contract proposal?</h3>

The general formula to calculate the expected value is:

  • Expected value: possibility of winnind the contract x the amount when winning - possibility of loing the contract x possible loss

  • Possibility of winning the contract= 0.10
  • Possibility of losing the contract = 0.90
  • Gain: $65000
  • Loss: $10000

<h3>What is the expected value of the contract?</h3>
  • Expected value: 0.10 x 65000 - 0.90 x 10000
  • Expected value: 6500 - 9000
  • Expected value: -$2500

Learn more about contract in: brainly.com/question/2669219

#SPJ1

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Answer:

20 feet

Step-by-step explanation:

1st piece = x

2nd piece = 2x

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x+2x+6x=180

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so the first piece is 20 feet, the second is 40, and the third is 120.

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If you deposit $100 in a savings account that earns simple interest at a rate of 1.5% per year how much interest will you have e
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Let us first describe how partial product and regrouping are alike:

Partial Products and Regrouping are alike because both methods are multiplied by one number and if the product of the number has 2 digits it can be carried.

Now let us discuss how they are different:

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5 0
3 years ago
A national survey of middle school students asks how many hours of sleep they get on school nights. Which sample ​best​ represen
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Answer:

D

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10) through: (3.-1). slope = -1​
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Answer:

y = -x + 2

Step-by-step explanation:

The question is to find the equation of the line going through the points (3,-1) and has a slope of -1.

First, the equation of a line is given as:

Equation = y = mx + b

Where

m is the slope

b is the y-intercept (y-axis cutting point)

We know the slope, so the equation becomes:

y = mx + b

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y = -x + b

Now the point given is in the form (x,y), so

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Final Equation:

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6 0
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