Triangle MNO is reflected over the x-axis and then translated up 4 and right 3.
2 answers:
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Answer:
$3,000
Step-by-step explanation:
There two possible outcomes:
There is a 3/4 chance that the bid is rejected for a value of -$1,400
There is a 1/4 chance that the bid is accepted for a value of $17,600 - $1,400.
The expected value of the situation is:
The expected value is $3,000.
Try this solution with short explanation; note, the suggested way is not the shortest one; the answers are marked with red colour.
Task no. 2: another solution is 45* (4/5) / (6/4) = 24 min.
