The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million
Answer:
4
Step-by-step explanation:
Each walk-in is $5, so 20 divided by 5 is 4. 4 classes.
Answer:
Approx. 6 b/m
Step-by-step explanation:
Find out How many minutes in a year which is 525600 then divide that by 3,000,000 which makes 5.7077 so rounded is 6.
Answer:
A
Step-by-step explanation:
-14>-8 because -14 is located to the left of -8 on the number line.
