Answer:
I came up with -12
Step-by-step explanation:
8 workers = 6 days to complete
x workers = 4 days faster to complete
6/4=1.5 days faster
1.5 x 8 = 12 workers needed to complete the wall in fours days
$3,000
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.
the variance is 6.6
sry for not showing work
-5/3