Select the three models that represent 35%.
1 answer:
You might be interested in
Answer:
Step-by-step explanation:
Given equation:
Divide both sides by 4:
Subtract 1/4 from both sides:
Simplify:
<u>Answer:</u>
The expected value of construction company is $30500.
<u>Solution:</u>
Given, A construction company is planning to bid on a building contract.
The bid costs $1,500 and has an 80% chance of being accepted.
If accepted, the company will receive $40,000 dollars.
We have to find the expected value.
We know that,
Expected value = probability amount gained by bidding – bid amount
Expected value = 80% x 40000 – 1500
Expected value = 0.8 x 40000 – 1500
Expected value = 32000 – 1500
Expected value = 30500
Hence, the expected value is $30500.
Answer:
simultaneous equations
Step-by-step explanation:
phils age =7x
Peter age=x
scenario 2
phils age = 4(7x)
Peter age= 2x-2