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
aleksandrvk [35]
3 years ago
7

It will rain with probability 0.8. if it does, you earn $200 and if not, you earn $400. the expected value is:

Business
1 answer:
deff fn [24]3 years ago
7 0
It will rain with probability 0.8. if it does, you earn $200 and if not, you earn $400. the expected value is: $200.
This is true because the probability of raining is 0.8%, which is 0.2% away from becoming 1.0%, which is 100%. Since you earn $200 if it rains and the probability of rain is the majority, the expected value is $200.
You might be interested in
Tools can be used safely for jobs that they were not designed to do. True or False
weeeeeb [17]
The answer would be false.
5 0
3 years ago
Read 2 more answers
Reviewing census data to see how many seniors over 55 are near your proposed location is an example of:
fomenos
Demographic. I think
4 0
3 years ago
What is the primary task of the Federal Reserve​
Murrr4er [49]

Answer:

The responsibilities of the Federal Reserve include influencing the supply of money and credit; regulating and supervising financial institutions; serving as a banking and fiscal agent for the United States government; and supplying payments services to the public through depository institutions like banks.

7 0
3 years ago
Read 2 more answers
What are the little crowns for?
Lelechka [254]
Do you have a picture or anything??
3 0
3 years ago
Read 2 more answers
Thirteen sorority sisters decide to start a dog-walking business. They incorporate under the name Pro Canine Walkers, Inc., and
dalvyx [7]

Answer:

A) privately held corporation.

Explanation:

In the given example, the most appropriate option is a privately held corporation as the stock is owned by the 13 principles. It is not offered to anyone other than these 13 principles, which means they do not offered to the public at large.  

It is different from the publicly held corporation as the shares or the stock of the business organization are offered to the general public. But in this case, it offered to only 13 principles

Hence, other options are wrong except A

5 0
4 years ago
Other questions:
  • What is included in phase ii of casualty assistance?
    15·1 answer
  • On December 31, 2017, Beta Company had 320,000 shares of common stock issued and outstanding. Beta issued a 7% stock dividend on
    14·1 answer
  • Approximately how much of the initial investment's value would be lost after 15 years at 3% inflation?
    6·2 answers
  • What is it called when people assume you're a certain way, and you act the part?
    6·1 answer
  • Rankings in a search engine, such as Google or Bing, may determine the desirability of a product. In this form of marketing, a c
    6·1 answer
  • Flint Company’s unadjusted trial balance at December 31, 2020, included the following accounts. Debit Credit Accounts receivable
    11·1 answer
  • 1) Suppose you wish to retire 35 years from today. You determined that you will need $250,000 per year after you retire, with th
    11·1 answer
  • As is the case within all service organizations, employees at Wegmans develop a perception of the company’s service practices an
    11·1 answer
  • Wilson's is reviewing a project with an internal rate of return of 13.09 percent and a beta of 1.42. The market risk premium is
    8·1 answer
  • Treating people within an organization fairly and taking actions that do not discriminate against people in protected classes on
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!