Answer:
C) The expected value is -$2000, so the detective should not take the job.
Step-by-step explanation:
The expected value is the sum of products of income and probability:
E = -10,000·1.00 + 80,000·0.10 = -10,000 +8,000 = -2,000
The detective can be expected to lose money on the job, so should not take it.
Answer: I don't see the verbal expression
Step-by-step explanation:
The answer would be C. Move eight units right on the X axis and two units down on the Y axis.
Karl is saving $60
8,000*0.115= 920
And, 8,000*0.1225= 980
