Answer:
f(3) = 11
Step-by-step explanation:
f (x)=3x+ 2
Let x= 3
f (3) =3*3+ 2
= 9+2
= 11
If you not trust banks, then cash transactions are the best thing.
Minimum = 827
Q1 = 886
Median = 995.5
Q3 = 1095.5
Maximum = 1229
Answer:
c. $100,000
Step-by-step explanation:
Calculation of the expected net profit of Ephemeral services corporation
Since we are been told that 9 other companies besides esco are as well bidding for the $900,000 government contract, it means we have to find the expected net profit by dividing 1 by 9×$900,000 .Thus ESCO can only expect to cover its sunk cost.
Hence ,
E(X) = (1/9) × $900,000
E(X)=0.111111111×$900,000
E(X)= $100,000
Therefore the expected net profit would be $100,000