subject
Mathematics, 07.08.2019 05:20 hallmansean04

Acommercial building contractor is trying to decide which of two projects to commit her company to. project a will yield a profit of $50,000 with a probability of 0.6, a profit of $80,000 with a probability of 0.3, and a profit of $10,000 with a probability of 0.1. project b will yield 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 the expected profit for each project. based on expected values, which project should the contractor choose? oa. o b. project a: $46,666 project a: $55,000 project b: $50,800 contractor should choose project a project b: $48,000 contractor should choose project a o c. project a: $55,000 o d. project a: $46,000 project b: $58,800 contractor should choose project b project b: $50,800 contractor should choose project b

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
Four congruent circular holes with a diameter of 2 in. were punches out of a piece of paper. what is the area of the paper that is left ? use 3.14 for pi
Answers: 1
question
Mathematics, 21.06.2019 22:00
Determine if the equation defines y as a function of x: 2xy = 1. yes o no
Answers: 2
question
Mathematics, 21.06.2019 23:00
During a wright loss challenge your friend goes from 125 pounds to 100 pounds.what was the percent weight loss
Answers: 2
question
Mathematics, 22.06.2019 02:00
Graph a triangle (xyz) and reflect it over the line y=x to create triangle x’y’z’. describe the transformation using words. draw a line segment from point x to the reflecting line, and then draw a line segment from point x’ to the reflecting line. what do you notice about the two line segments you drew? do you think you would see the same characteristics if you drew the line segment connecting y with the reflecting line and then y’ with the reflecting line? how do you know?
Answers: 1
You know the right answer?
Acommercial building contractor is trying to decide which of two projects to commit her company to....
Questions
question
Computers and Technology, 23.12.2019 14:31
question
Mathematics, 23.12.2019 14:31
question
Biology, 23.12.2019 14:31
question
Mathematics, 23.12.2019 14:31
Questions on the website: 13722361