6/12 or 4/8 is a possible answer
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
Answer:
C
Step-by-step explanation:
Answer:
23.5 is the answer
Step-by-step explanation:
X10 =235 so x=235÷10 = 23.5
Answer:
Sendiks.
Step-by-step explanation:
Sendiks- 6 ÷ 3.80= $1.58 per can
Sam's Club- 12÷6.90= $1.74 per can
