Expected value E(x) = 0.6(200,000) + 0.2(100,000) - 0.2(200,000) = 120,000 + 20,000 - 40,000 = 100,000
Therefore, the expected value is $100,000, so the company should build the mousetrap.
Answer: where’s the picture?
Step-by-step explanation:
$2.25 <span>$7.0875</span>
$2.25
$2.25
---------
$6.75
x Tax 5%
$7.0875
To find your sale price you must:

just simply follow that operation and you're good to go
The answer is 0.00125139043