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Irina-Kira [14]
2 years ago
7

A commercial building contractor is trying to decide which of two projects to commit her company to. Project A will yield a prof

it of $50,000 with a probability of 0.6, a profit of $80,000 with a probability of 0.3, and a profit of $10,000 with a probability of 0.1. Project B will yield a profit of $100,000 with a probability of 0.1, a profit of $64,000 with a probability of 0.7, and a loss of $20,000 with a probability of 0.2. Find the expected profit for each project. Based on expected values, which project should the contractor choose? OA. O B. Project A: $46,666 Project A: $55,000 Project B: $50,800 Contractor should choose project A Project B: $48,000 Contractor should choose project A O C. Project A: $55,000 O D. Project A: $46,000 Project B: $58,800 Contractor should choose project B Project B: $50,800 Contractor should choose project B
Mathematics
1 answer:
Alexxandr [17]2 years ago
3 0

Answer:

  Project A: $55,000 Project B: $50,800 Contractor should choose project A

Step-by-step explanation:

The expected value of the project is the sum of products of profit and its probability:

In thousands, ...

  A:  (50×0.6) +(80×0.3) +(10×0.1) = 30 +24 +1 = 55 . . . thousand

  B:  (100×0.1) +(64×0.7) +(-20×0.2) = 10 +44.8 -4 = 50.8 . . . thousand

__

The contractor should choose Project A based on the expected value of profit.

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Answer:

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Step-by-step explanation:

V

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?°

\frac{\sin A}{a}=\frac{\sin B}{b}

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​

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From the reference sheet (reciprocal version).

\frac{\sin X}{78}=\frac{\sin 48}{35}

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Plug in values.

\sin X=\frac{78\sin 48}{35}\approx 1.6561513

sinX=

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Amir started a business with john and jack. Amir invested 2/6 of the amount to start a business. John 2/5 of the investment. The
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First, we need to add 2/6 and 2/5.

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