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Rom4ik [11]
3 years ago
9

Organizers of an outdoor summer concert in Toronto are concerned about the weather conditions on the day of the concert. They wi

ll make a profit of $42,000 on a clear day and $12,000 on a cloudy day. They will make a loss of $6,000 if it rains. The weather channel has predicted a 52% chance of rain on the day of the concert. Calculate the expected profit from the concert if the likelihood is 11% that it will be sunny and 37% that it will be cloudy.
Business
1 answer:
MAXImum [283]3 years ago
3 0

Answer:

$5,940

Explanation:

Calculation for the expected profit

Expected profit= (42,000*0.11)+(12,000*0.37)+(-6,000*0.52)

Expected profit=4,620+4,440+(-3,120)

Expected profit=$5,940

Therefore Expected profit will be $5,940

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Answer:

Ist B

Explanation:

Ist b

8 0
2 years ago
When cisco systems inc. of san jose, california, and tata consultancy services of mumbai, india, entered into their __________,
ser-zykov [4K]
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3 0
3 years ago
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Zolol [24]
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6 0
3 years ago
Read 2 more answers
An organization characterized by direct two-way lines of responsibility and communication running from the top of the organizati
Anarel [89]

Answer:

Line

Explanation:

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6 0
3 years ago
In which of the following would cooperation be most likely to work in a repeated​ prisoners' dilemma​ game?
levacccp [35]

Answer:

Option C is correct.

<u> When the game will be repeated infinitely.</u>

Explanation:

The collaborations will undoubtedly work in a repeated​ prisoners' dilemma  game when the game will be rehashed infinitely.  

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3 years ago
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