1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zheka24 [161]
3 years ago
15

A CD has a 5% chance of being a smash hit and profiting $5.2 million, a 50% chance of being a modest success and profiting $0.9

million, and a 45% chance of being a flop and breaking even. What is the expected earnings value of the CD?
Mathematics
1 answer:
Zinaida [17]3 years ago
3 0
The probability of profiting $5.2 million is 5% = 0.05

The probability of profiting $0.9 million is 50% = 0.5

The probability of breaking even, meaning no profit gain, is 45% = 0.45

Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million

You might be interested in
Alaska is -3 degrees, lowa is 5 degrees, Idaho is - 7 degrees, New York is 9 degrees, and
kirill [66]

Answer:

Idaho

Step-by-step explanation:

3 0
2 years ago
Brian borrowed a 20 foot extension ladder to use when he paints hes house. If he sets the base of the ladder 6 feet from the hou
iren [92.7K]

Answer:

It is 20.9feet

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Find fifth roots of z+32= 0 and draw its graph
madreJ [45]

Answer:

\sqrt[5]{z}  = \sqrt[5]{(-2)^{5} }   \therefore \sqrt[5]{z} = -2

Step-by-step explanation:

i) z = -32

ii) \sqrt[5]{z}  = \sqrt[5]{(-2)^{5} }   \therefore \sqrt[5]{z} = -2

8 0
2 years ago
Helppppp plzzzzz 10points
wel

I think it should be B because the depth of the water should be decreasing slowing at the same rate.


4 0
3 years ago
Read 2 more answers
If the 6 in 14,563 was changed to a 9 ,how much would the value change
AnnyKZ [126]

Answer:

It would change by 30 points

Step-by-step explanation: If you block the rest of the numbers you would see 63 change to 93. 93-63=30 so it would change by 30 points

8 0
2 years ago
Other questions:
  • Can someone help me with this? (20 points if answered) And I will mark the 1st one with brainliest because you have a fat and be
    9·2 answers
  • A 2 percent increase in the price of milk causes a 4 percent reduction in the quantity demanded of chocolate syrup. what is the
    11·1 answer
  • Henry starts the day with $30. He and his sister go to the fair. He pays for his own admission of $10,but fails to notice that $
    15·2 answers
  • 50 Points.
    6·1 answer
  • Ernesto wants to buy a snack from the vending machine. The vending machine has 5 different kinds of chips, 8 different candy bar
    9·1 answer
  • PLEASE HELP ITS ATEST I BEG U. NEED HELP
    13·2 answers
  • Solve the system. <br>y = 3x + 1 <br>-x + 2y = -3<br>​
    8·1 answer
  • 8. Write the equation of the line in slope-intercept form given the following:
    13·2 answers
  • What is the length of segment bd
    14·2 answers
  • Ii
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!