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Sedbober [7]
3 years ago
12

A contractor is considering a sale that promises a profit of 26,000 with a probability of 0.7 or a loss (due to bad weather stri

kes, and such) of $8000 with a probability of 0.3. What is the expected profit?
A. $15,800
B. $23,000
C. 18,000

How do I solve this?
Mathematics
2 answers:
Lady bird [3.3K]3 years ago
7 0

Answer:

A

Step-by-step explanation:

The expected profit would be the sum of all the possibility multiplied. It means,

<em>"We need to multiply the profit by its possibility and add it with the product of the loss and its possibility."</em>

<em />

This will be the expectation, or expected profit.

Let's do it:

Expected Profit = (26,000)(0.7) + (-8000)(0.3) = 15,800

The correct answer is A

skelet666 [1.2K]3 years ago
7 0

Answer:

Step-by-step explanation:

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A number line going from negative 3 to positive 5. a closed circle is at negative 1.5. everything to the left of the circle is s
algol13

The inequalities which matches the graph are: x ≥ ₋1.5 and ₋1.5 ≤ x

Given, a number line is moving from ₋3 to ₊5 .

Next a mark is made at ₋1.5 and everything to its left is shaded which means not visible.

When we mark the point and shade the left part of it then we can start applying the inequality expressions.

And from that we can match the applicable inequalities while observing the graph.

  • For the first inequality ₋1.5 ≥ x.Here,x value ranges from ₋1.5 to ₊5, hence we take this as an inequality expression.
  • Next, if we consider x ≤ ₋1.5, then here x value will range from ₋1.5 to ₋3. where the region is shaded. Hence this expression doesn't satisfy the graph.
  • the next expression is ₋1.5 ≤ x. here the value will again range in the shaded area so it is not applicable.
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Therefore the only inequalities the graph represents is  x ≥ ₋1.5 and ₋1.5 ≤ x

Learn more about "Linear Inequalities" here-

brainly.com/question/371134

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in need of help! Mrs. Sanger blended 8 3/4 gallons of iced tea with some lemonade for a picnic. if there were 13 2/5 gallons of
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HELP HELP HELP I NEED HELPPP can anyone answer this the question is on the picture it would help a lot please!!!
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What are the solutions of 64x^3 - 1 = 0 by factoring​
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Answer:

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Step-by-step explanation:

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