Make sure to multiply everything together, then check it with a calculater.
Hope this works:)
Answer:
The value of the expected profit from the concert is 8,910
Step-by-step explanation:
Profit on a clear day X₁ = 36,000 with 13% probability.
i.e X₁ = 36000
P(X₁) = 0.13
Profit on a cloudy day = 17,000 with 39% probability.
i.e X₂ = 17000
P(X₂) = 0.39
else,
loss of 5,000 if it rains with the probability of 48%.
i.e X₃ = 5000
P(X₃) = 0.48
The value of the expected profit from the concert is obtained as follows
Expected Value = (36,000*0.13) + (17,000*0.39) - (5,000*0.48)
= 4,680 + 6,630 - 2,400
= 8,910
The height of the triangular base of the pyramid is calculated through the equation,
h = (cos x)(18 in)
where h is height and x is half of the angle of the triangle. Since the triangle is equilateral, the value of x is 30°. Substituting,
h = (cos 30°)(18 in)
h = 15.59 in
Thus, the height of the base is approximately 15.59 inches.
Answer:
NFL teams play 16 regular season games each year, NHL and NBA teams play 82, while MLB teams play 162-could invalidate direct comparisons of win percentages alone. As an example, the highest annual team winning percentage is roughly 87% in the NFL but only 61% in MLB and part (but not all) of that difference is undoubtedly tied to the shorter NFL regular season
