2. 5 hours
3. $200
4. 9.5 hours. If it has to be whole numbers, 10 hours
Hope that helps!
<em>-scsb17hm</em>
Answer:
Ox>5
x is less than 5
means nothing more than 5 but anything less than 5
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.
Do you have a better picture?