The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million
Answer:

Step-by-step explanation:
Given:


The attachment completes the question
From the attachment, the slope of the line was calculated as:

This step is inaccurate because the slope of a line is calculated using

Which gives



The line equation is then calculated using:

Substitute values for m, x1 and y1


Open bracket

Make y the subject

we have

where
c---------> is the total cost of going to the carnival
t---------> is the number of
tickets purchased
we know that
<u>the domain of the function is the interva</u>l---------------> [0,∞)
Because the number of tickets can not be negative
<u>The range of the function is the interval</u>-------------> [10,∞)
Because the total cost can not be negative
using a graph tool
see the attached figure
The answer in the attached figure
Answer:
the center- like- of a bowel- is the middle- bru.h im trying to be mean but ;-;
Step-by-step explanation: