Answer:
$70,750
Step-by-step explanation:
The expected gain/loss is found by <em>adding the products of all of the profits/losses by their probability</em>. So,
<em>(0.8 * 100000) + (0.1 * 0) + (0.1 * -2500)</em> =
<em>80000 + 0 + -250</em> =
$70750
What are the other selections? I think it is right though, just making sure.
Answer:
Number of algae in 7 days = 70.355
Step-by-step explanation:
Given:
Algae in beginning = 50
Rate of increasing = 5% per day = 0.05
Number of days = 7 days
Find:
Number of algae in 7 days.
Computation:

Number of algae in 7 days = 70.355
Answer:
34
Step-by-step explanation: