subject
Mathematics, 30.07.2019 16:10 ellycleland16

Solve the problem. 12) a commercial building contractor is trying to decide which of two projects to commit her company to. project a: a profit of $50,000 with a probability of 0.6, a profit of $90.000 with a probability of 0.3, and a profit of $10,000 with a probability of 0.1. project b: a profit of $100,000 with a probability of 0.1, a profit of $64,000 with a probability of 0.7, and a loss of $20,000 with a probability of 0.2. find answer lines 1 & 2)the expected profit for each & (answer line 3) which project should be selected.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
In the diagram of circle a what is m
Answers: 1
question
Mathematics, 22.06.2019 00:00
Tatiana reads 40 pages of her book every night for x number of nights. write an expression that shows the number of pages she has read
Answers: 3
question
Mathematics, 22.06.2019 01:50
The area of each triangle is 7 square units. the surface area of the triangular prism is
Answers: 1
question
Mathematics, 22.06.2019 02:30
Paper plates cost $8 per package and plastic utensils cost $5 per package. your supplier delivers 15 packages for a total cost of $90.
Answers: 1
You know the right answer?
Solve the problem. 12) a commercial building contractor is trying to decide which of two projects to...
Questions
question
Mathematics, 09.02.2021 20:40
question
Mathematics, 09.02.2021 20:40
question
English, 09.02.2021 20:40
question
Mathematics, 09.02.2021 20:40
question
Social Studies, 09.02.2021 20:40
Questions on the website: 13722362