Answer:
Expected return for site A = $9.6 million
Expected return for site B = $12.4 million
according to the above results the company should choose SITE B because it has higher Expected return
Step-by-step explanation:
Given;
For site A,
Site A net if successful = $30 million
Success probability = 0.4
Site A loss if not successful= -$4 million
Probability of not successful = 0.6
For site B.
Site B net if successful = $60 million
Success probability = 0.3
Site B loss if not successful= -$8 million
Probability of not successful = 0.7
To estimate the expected return on an event with outcomes X1 and X2 with probabilities p1 and p2
E = X1(p1) + X2(p2)
Substituting for site A
E = 30(0.4) - 4(0.6)
E = $9.6 million
Substituting for site B
E = 60(0.3) - 8(0.7)
E = $12.4 million
Therefore, according to the above results the company should choose site B because it has higher Expected return
Answer:
0.22 grams per cm^3 is your answer, Hopes this helps
Step-by-step explanation:
50x10x30=15000 Cm^3
3300/15000= 0.22 g/cm^3
I don’t see no expressions
Answer:
please make me brainliset
Answer:
3/2
Step-by-step explanation:
