A small company plans to invest in a new advertising campaign.
There is a 20% chance that the company will lose $5,000 ,
50% chance of a break even, and a 30% chance of a $10,000 profit
So the expected value from the advertisement campaign is calculated as - 20% of 5000 + 0% of 5000 + 30% of 10,000
= -1000 + 0 + 3000
= 2000
The expected value from the advertisement campaign is $2000.
So the Company must go ahead with the campaign.
Answer : Option A
Hope it helps.
Thank you ..!!
The answer is 1/12
The chance of getting a 3 on a six-sided dice is 1/6
The possibility of getting heads on a two-sided coin is 1/2
6 multiplied by 2 is 12
1 multiplied by 1 is 1
Hope it helps!
Answer: the answer is The best measure of the center for this data is the median which has a value of 23
Step-by-step explanation: Hope this help plz mark me as brainiest
Answer:
3/5 as a decimal is 0.6 and it is terminating not repeating
Step-by-step explanation:
The answer to this question is squaring of areas