Expected value E(x) = 0.9994(150000 - 181) = 0.9994 x 149819 = $149,729.11
Probability hit=40%=4/10
probability no hit=1-p (hit)=1-4/10=6/10
probability= p(hit)+p(hit)+p(hit)+p(hit)+p(hit)+p (no hit)+p (no hit)+p (no hit)
probability=4/10×4/10×4/10×4/10×4/10×6/10×6/10×6/10
=0.0022
( I think but I'm not 100% sure)
