Chanasia thinks that (3,2) is a solution for 5y + 10x = 35 because 5(3) + 10(2) = 35. Explain her error.
1 answer:
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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.
4/9 cm^2 and I hope the picture explains it
