The expected value if I have to pick one package given the price I would have to pay is $0.11.
<h3>What is the expected value?</h3>
The expected value is the cost you would have to pay subtracted from the total value of one package.
Total value of one package =[ (15 x 0.60) + (5 x 0.3) + (20 x 0.7)]/ (20 + 15 + 5) = $0.61
Expected value = $0.61 - $0.50 = $0.11
To learn more about expected value, please check: brainly.com/question/27624788
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Answer:
The correct answer is D- 29,544 ovens
Step-by-step explanation:
To find the answer, we simply need to find 20% of 24,620 ovens and add it to that sum. To find 20% of 24,620, we can simply multiply 24,620 by .2.
24,620*.2=4924
Then, add the extra 4924 to 24,620
4924+24620=29544
The correct answer is 29,544 ovens
Hope this helps! :D
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