Identify the slope, m. This can be done by calculating the slope between two known points of the line using the slope formula.
Find the y-intercept. This can be done by substituting the slope and the coordinates of a point (x, y) on the line in the slope-intercept formula and then solve for b.
The dude on top of me is correct
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 ..!!
Say x is the number of weeks until their money is equal. Then, we can set up an equation.
400 + 25x = 250 + 75x
Subtract 250 from both sides
150 + 25x = 75x
Subtract 25x from both sides
150 = 50x
Divide by 50 on both sides
3 = x
That means the answer is 3 weeks.
