The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million
The endpoints
for the opposite side would be (8, 1) and (6, 5). The correct
answer between all the choices given is the last choice. I am hoping that this
answer has satisfied your query about and it will be able to help you, and if
you’d like, feel free to ask another question.
1 yard = 36 inches
The fraction (1 yard / 36 inches) has a numerator and denominator
that are equal. So the fraction is equal to ' 1 ', and we can multiply
(26 inches) by it without changing any value. That'll change the units
of the '26 inches' to 'yards', which is exactly what we need.
(26 inches) x (1 yard/36 inches) = (26/36) yard
That's 13/18 yard, or 0.7222... yard.
