Answer:
$3,000
Step-by-step explanation:
There two possible outcomes:
There is a 3/4 chance that the bid is rejected for a value of -$1,400
There is a 1/4 chance that the bid is accepted for a value of $17,600 - $1,400.
The expected value of the situation is:
The expected value is $3,000.
Answer:
C.
Step-by-step explanation:
Domain is only affected if certain values can make the result something that either doesn't make sense or is an error. In your situation, it wants you to find the domain of f/g, which is a fraction. The only rule we have for fractions regarding domain is that we simply can't divide by zero, to find the domain for any fraction with variables in the denominator, what I do is take the denominator, set it equal to 0, and solve for x.
So, if we're taking f/g, we have:
4x - 3 makes up our denominator, the bottom part of the fraction. So
4x - 3 = 0
4x = 3
x = 3/4
So the denominator is equal to zero when x is equal to 3/4. This would produce an error in any calculator because you can't divide by zero. The domain here is all real numbers except for 3/4.
(For future problems, the only thing to look out for is if your numerator, the top part of the fraction, factors into something that cancels with the bottom. In that case, it wouldn't affect domain because you aren't actually dividing by anything. For example:
If we factor the top, we see that x^2 - 4 = (x - 2)(x + 2). In this case, we have (x - 2) in both the top and bottom of the fraction, so it cancels out, and from there nothing else is restricting our domain. It would be all real numbers in a case like that.)