Answer:
See the attached pictures.
Step-by-step explanation:
See the attached pictures for detailed explanation.
<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.
Answer:
more than your rent
Step-by-step explanation:
hahahaha
Answer:
A Tourist Information Center is between a Bus Station and a Train Station. When mapped on a grid, the Tourist Information Center is
located at (15,2) and the Bus Station is located at (5,-10).
The Train Station is located at point?Texaco station. Suppose the next six cars that stop at any of these four station make their selection randomly and independently. Is x a discrete or a continuous random variable?. Explain what are the poss
7)
95+(3x+23)+(7x-4)+(9x-6)+90 = (5-2) x 180
x = 18
9)
41+(3x+6)+(7x-11)+62+(4x+7)+(6x-5) = 360
x = 13