For the probability of rain on julty 4h of 0.5 his expected profit is 8885.5 dollars.
<h3>What is probability?</h3>
The probability is occurrence of a certain event out of the total number f events that can happen.
Given in the question the probability of rain is 0.5 therefore the probability of not raining is also 0.5.
If it does not rain he makes a profit of 30427 dollars and if it rains he suffers a loss of 12656 dollars.
We know, the expected profit is,
= 0.5(30427) - 0.5(12656).
= 15213.5 - 6328.
= 8885.5 dollars.
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Answer:
2.66
Step-by-step explanation:
This problem cannot be done because it is not an equation meaning it does not have an “=“
Answer:
yes
Step-by-step explanation:
8456590
