A.( 18:32)
1 answer:
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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:
P(B|W)=0.5
Step-by-step explanation:
-Given that P(B)=0.5,P(B)=0.59 AND P(W)=0.29-Conditional probability is defined as the probability of one event occurring with relationship with one or more other events.
Hence, the conditional probability that a degree is earned by a woman, given that the degree is a bachelor's degree is 0.5
Answer:
The answer is given below
Step-by-step explanation:
The question is not complete, because the function for the profit is not given but I can show you how to calculate this.
Since Mr. Wilson has a bakery and a juice bar, his total profit earned in t months would be the sum of profit from the bakery with the profit from the juice bar within t months.
Let us assume that the profit from the bakery in t months is given by:
B(t) = 2t³
while the profit from the juice bar in t months is given by:
J(t) =
Therefore the total profit is given by:
P(t) = B(t) - J(t) =