Answer:
The value of the expected profit from the concert is 8,910
Step-by-step explanation:
Profit on a clear day X₁ = 36,000 with 13% probability.
i.e X₁ = 36000
P(X₁) = 0.13
Profit on a cloudy day = 17,000 with 39% probability.
i.e X₂ = 17000
P(X₂) = 0.39
else,
loss of 5,000 if it rains with the probability of 48%.
i.e X₃ = 5000
P(X₃) = 0.48
The value of the expected profit from the concert is obtained as follows
Expected Value = (36,000*0.13) + (17,000*0.39) - (5,000*0.48)
= 4,680 + 6,630 - 2,400
= 8,910
Answer: False
Step-by-step explanation:
4x - (5y) 2 = 64x - (5y) 2 = 6
Identify the variables:
4x, 5y, 64x
So, it would actually be:
4, 5, and 64
It’s represents the coupon for each shirt being taken on the price of each shirt
Answer:
i dont understan the method you gave me can youbplease ask again showing a different method
Answer:
-2,1
Step-by-step explanation:
