Answer:
The value of the expected profit from the concert is 8,910
Step-by-step explanation:
Profit on a clear day X₁ = 36,000 with 13% probability.
i.e X₁ = 36000
P(X₁) = 0.13
Profit on a cloudy day = 17,000 with 39% probability.
i.e X₂ = 17000
P(X₂) = 0.39
else,
loss of 5,000 if it rains with the probability of 48%.
i.e X₃ = 5000
P(X₃) = 0.48
The value of the expected profit from the concert is obtained as follows
Expected Value = (36,000*0.13) + (17,000*0.39) - (5,000*0.48)
= 4,680 + 6,630 - 2,400
= 8,910
-2, 1, 4, 7, 10, 13, 16, 19, 22
Answer:
what is the question, you forgot to add the image.
Step-by-step explanation:
The answer is 2/9
explanation:
10+4+4= 18 cards in the box
and there are 4 red cards in the box, so it’s 4/18. u divide both sides by 2, which gives u the simplest version, 2/9.
Answer:
Yolanda should have found the volume by multiplying 8 by 2/3.
Step-by-step explanation:
