The correct answer choice is (B)
Answer:$1.185
Step-by-step explanation:
8 gum cost $9.48
1 gum cost 9.48/8=1.185
Unit cost is $1.185
Look into my attachment
in rhombus ABCD, ∠AOB = 90°
Look at ΔAOBthe sum of inner angles = 180°
∠BAO + ∠AOB + ∠ABO = 180°
2x + 1 + 90 + 2x + 5 = 180°
4x + 96 = 180
4x = 84
x = 21
Since there is a 70% chance of making $12,000 so have that:
.70 × 12000 = 8400
Also, we have a 10% chance of breaking even, so we also have that:
.10 × 0 = 0
Finally, we have a 20% chance of losing $7400 so we also have that:
.20 × 7400 = 1480
Thus, putting it all together we have:
.70(12000) + .10(0) + .20(7400) = 8400 + 0 + 1480 = 9880
Therefore, the expected value is:
$9880