9.88 • 10°
^
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Ten to the power of zero
I believe the answer would be D. Because, 10*12= 120 and 400/120= 3.33
Since you are talking about money, you would round up.
Meaning that the answer should be D.
Answer:
Expected value is 4,000
Step-by-step explanation:
To find expected value ⇒ multiply the value by it's probability
40% × ( -25,000 ) = - 10,000
Breaking means neither add nor subtract a given amount
20% × 0 = 0
35% × 40,000 = 14,000
∴ Expected value = -10,000 + 14,000 = 4,000
LOSS: -10,000
BREAK EVEN: 0
WIN: 14,000
Expected value is 4,000
<em>hope this helps....</em>
