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 ..!!
Divide 9 into 207 then times that number by 6. You should get 138 :)x
Answer:
Sarah is 22
Step-by-step explanation:
64 times 4 =44
44 divided by 2= 22
The mean is when you add up all the numbers and divide by the amount of numbers there are.
143+312+41+28+308+619+321+352+465=2589
2589/9=287.666666667
round to the whole number you get
288