<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.
<span>.14(12)+.30x=.18y where "y" = .14*x
Solution as follows:
1.68+.30x=2.52+.18x
then
.30x-.18x=2.52-1.68
then
.12x=.84
therefore
x=7</span>
Answer:
what is this in? please let me kno2
We need to calculate the value of cos(43) to determine the value of p
<h3>How to evaluate the expression?</h3>
The equation is given as:
cos43 = p
Rewrite properly as:
cos(43) = p
Rewrite the equation as:
p = cos(43)
The above means that we simply calculate the value of cos(43) to determine the value of p
Read more about cosine at:
brainly.com/question/17075439
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