A construction company is planning to bid on a building contract. the bid costs the company $1900. the probability that the bid
is accepted is 1/10. if the bid is accepted, the company will make $94000 minus the cost of the bid.
a. what is the expected value in this situation?
1 answer:
Not enough information to answer
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Answer:
11.43
Step-by-step explanation:
80÷7= 11.428571428571428571428571428571
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Hello,
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Answer D
Answer:
the answer is B
Step-by-step explanation:
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