It’s easier if you turn the fractions into decimals and arrange them in order from biggest to smallest. 3/4= 0.75, 5/6= 0.83, 7/9= 0.77, 1/2= 0.5, 2/3= 0.66, 7/12= .583, 15/24= 0.625. Then obviously, you order them from biggest to smallest:
0.83 (5/6), 0.77 (7/9), 0.75 (3/4), 0.66 (2/3), 0.583 (7/12), 0.5 (1/2).
Acasa's expected value loss be per customer who chooses plan A
Assumption
Fill customers choose plan A
The average payout is the same for plans A & B
Expected value = net payment in -Net payment out
⇒ 1000% × 700$ - 5% ×[27000$ - 3000$]
⇒ 700$ - 1200$
⇒ -500$
What are a profit and loss?
A profit and loss statement is a record of revenue and expenses incurred by a business in a given period of time. A profit and loss statement is also called a P&L, an income statement, a statement of profit and loss, and income and expense statement, or a statement of financial results.
Learn more about profit and loss
here: brainly.com/question/19104371
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Is that a snake in the pic
