Answer:
Project A: $55,000 Project B: $50,800 Contractor should choose project A
Step-by-step explanation:
The expected value of the project is the sum of products of profit and its probability:
In thousands, ...
A: (50×0.6) +(80×0.3) +(10×0.1) = 30 +24 +1 = 55 . . . thousand
B: (100×0.1) +(64×0.7) +(-20×0.2) = 10 +44.8 -4 = 50.8 . . . thousand
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The contractor should choose Project A based on the expected value of profit.
Answer:
Step-by-step explanation:
a matter of stating the ratios as fractions, setting the two fractions equal to each other, cross-multiplying. Ex
3
(2)(9)
x
=
18
3
=
6
x=
3
18
=6
If I have to , I'll include my fractional equation with the arrows. answer is:
x = 6
1/10 = 10/100
So we need to find 10% of 300.
0.10 x 300 = 30
Step-by-step explanation:
From the Pythagorean theorem we have:
<em>subtract b² from both sides</em>
Same: