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ss7ja [257]
3 years ago
11

A company has an opportunity to bid on three contracts. Determine which would be the best investment given the information in th

e table below.
CONTRACT
PROFIT, (P)* OF PROFIT...(P)*. TO BREAK EVEN...LOSS, (P)* OF LOSS
Southeast
$45,000, 50%...30%...$6,000, 20%
Southwest
$60,000, 35%...40%...$10,000, 25%
California
$112,000, 20%...40%...$40,000, 40%
*(P)=PROBABILITY

a) Southeast
b) Southwest
c) California
d) All contracts include a probability for loss
Mathematics
2 answers:
-BARSIC- [3]3 years ago
7 0

Answer:

SOUTHEAST

Step-by-step explanation:

on edg2020 ur welcomeeeeee

MariettaO [177]3 years ago
6 0

CONTRACT  PROFIT, (P)* OF PROFIT...(P)*. TO BREAK EVEN...LOSS, (P)* OF LOSS

Southeast $45,000,            50%                       30%                           $6,000, 20%

Southwest $60,000,            35%                      40%                          $10,000, 25%

California $112,000,           20%                       40%                          $40,000, 40%


I think that the best contract would be with SOUTHEAST. It probability of having a profit is higher than the other two at 50% while its probability of incurring a loss is lesser than the other two at 20%. 

Despite the bigger value of its contract profit of the other two, these value will still be greatly affected by its corresponding probabilities.  

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Which number line shows the solution to the inequality n + 6 < 4? ​
Anestetic [448]

Answer:

D) The very last one

Step-by-step explanation:

n + 6 < 4

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3 0
3 years ago
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4 0
3 years ago
According to the manufacturer of the candy Skittles, 20% of the candy produced are red. If we take a random sample of 100 bags o
WITCHER [35]

Answer:

0.15651

Step-by-step explanation:

This can be approximated using a Poisson distribution formula.

The Poisson distribution formula is given by

P(X = x) = (e^-λ)(λˣ)/x!

P(X ≤ x) = Σ (e^-λ)(λˣ)/x! (Summation From 0 to x)

where λ = mean of distribution = 20 red bags of skittles (20% of 100 bags of skittles means 20 red bags of skittles)

x = variable whose probability is required = less than 16 red bags of skittles

P(X < x) = Σ (e^-λ)(λˣ)/x! (Summation From 0 to (x-1))

P(X < 16) = Σ (e^-λ)(λˣ)/x! (Summation From x=0 to x=15)

P(X < 16) = P(X=0) + P(X=1) + P(X=2) +......+ P(X=15)

Solving this,

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4 0
3 years ago
In ΔRST, r = 53 inches, ∠S=6° and ∠T=58°. Find the length of s, to the nearest inch.
yaroslaw [1]

Answer:

s = 6 inches

Step-by-step explanation:

Given:

r = 53 inches,

∠S = 6°

∠T = 58°.

Required:

Length of s

Solution:

Use Sine Rule

Thus:

\frac{s}{Sin(S)} = \frac{r}{Sin(R)}

<R = 180 - (58 + 6)

<R = 116°

r = 53 inches,

∠S = 6°

s = ?

Plug in the values

\frac{s}{Sin(6)} = \frac{53}{Sin(116)}

Multiply both sides by Sin(6)

\frac{s}{Sin(6)} \times Sin(6) = \frac{53}{Sin(116)} \times Sin(6)

s = \frac{53 \times Sin(6)}{Sin(116)}

s = 6 inches (nearest inch)

7 0
2 years ago
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