Answer:
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<span>In 3 years, you will have $523.97
</span><span>continuously = daily</span>
Since these 2 events are independent , the probability of them both occurring is obtained by multiplying them
P(rain on Wed and Sat) =0.30* 0.60 = 0.18
which is 18%
Answer:
Expected value is 4,000
Step-by-step explanation:
To find expected value ⇒ multiply the value by it's probability
40% × ( -25,000 ) = - 10,000
Breaking means neither add nor subtract a given amount
20% × 0 = 0
35% × 40,000 = 14,000
∴ Expected value = -10,000 + 14,000 = 4,000
LOSS: -10,000
BREAK EVEN: 0
WIN: 14,000
Expected value is 4,000
<em>hope this helps....</em>
356,605 Rounded to the nearest hundred-thousand would be 400,000