1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elixir [45]
3 years ago
12

The SoftDrink Company must decide whether or not to introduce a new diet drink. Management feels that if it does introduce the d

iet soda it will yield a profit of $1 million if sales are around 100 million, a profit of $200,000 if sales are around 50 million, or it will lose $2 million if sales are only around 1 million bottles. If the company does not market the new diet soda, it will suffer a loss of $400,000. An internal marketing research study has found P(100 million in sales) = 1/3; P(50 million in sales) = 1/2; P(1 million in sales) = 1/6. ShouldSoftDrink introduce the new diet soda?
Mathematics
1 answer:
Slav-nsk [51]3 years ago
3 0

Answer: SoftDrink should introduce the new diet soda.

Step-by-step explanation:

Denote:

P_1 = P(Sales = 100.000.000) = \frac{1}{3}; \pi_1 = 100,000,000

P_2 = P(Sales = 50,000,000) = \frac{1}{2}; \pi_2 = 200,000

P_3 = P(Sales = 1,000,000) = \frac{1}{6}; \pi_2 = -2,000,000

whereby P_i, \pi_i are the probability of occurence and the corresponding profit for each scenario.

As such, the expected profit can be calculated as follows:

E(\pi)=\sum_{i=1}^{3}P_i\pi_i = P_1\pi_1 + P_2\pi_2 + P_3\pi_3 = 100,000

The new product is expected to make a profit, therefore, it should be introduced.

You might be interested in
Brainlist if you get both correct
gayaneshka [121]

Answer:

the first one is b

the second one is c

Step-by-step explanation:

have a great day :D

8 0
3 years ago
Read 2 more answers
(05.06A)Angle ABC is formed by segments AB and BC on the coordinate grid below:
lys-0071 [83]

Answer:

(C) m∠A′B′C′ = m∠ABC

Step-by-step explanation:

Regardless of what translation or transformation you do to this shape, the angles will always stay the same.

6 0
3 years ago
Read 2 more answers
Find the missing Side lengths.
adelina 88 [10]

{ Answer(s) }


Left side of big triangle (X & Y) : 15


Bottom side of big triangle (Y & Z) : 20


{ Explanation }


We know the top sides of both triangles. To find out how many units they are separated by, we need to divide 5 by 25.

25 / 5 = 5


Now we can continue.


3 * 5 = 15


4 * 5 = 20


The missing sides are 15 and 20.


<> Eclipsed <>


7 0
3 years ago
Which of the following could Not be the side length of a right triangle?
ArbitrLikvidat [17]

Answer:

I think ITS B

Step-by-step explanation:

Hope this helped

-BB

8 0
3 years ago
Read 2 more answers
Fill in the blank with the correct response.<br><br> The slope of the graph of y = 5x is ___.
Ilya [14]
The answer 5 or 5/1
6 0
3 years ago
Read 2 more answers
Other questions:
  • Mr. And Mrs. Quagmire are trying to decide on a name for their new baby girl. For a first name, they like either Melissa,Jennife
    5·1 answer
  • A car was purchased for $3,495 and will depreciate 20% each year.
    12·1 answer
  • HELP ASAPPP
    13·2 answers
  • Nisha did the work below to solve an equation.
    15·1 answer
  • Can someone explain the answer and how the formula works?
    6·1 answer
  • Solve the following system of equations: (1 point) x − 2y = 14 x + 3y = 9
    7·1 answer
  • How can i add 3 3/5 + .9
    11·1 answer
  • write and solve an addition equation to find Huntley's Creek earnings if the total monthly earnings for all the stores is $354,3
    15·1 answer
  • 0.82 equals what percent?​
    13·1 answer
  • It is time to get the fish food ready for the marine life rescue missions. Over the last month, Penny's class has collected fish
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!