Mathematics, 02.04.2020 03:23 vzimokha

An architect is considering bidding for the design of a new museum. The cost of drawing plans and submitting a model is $18,000. The probability of being awarded the bid is 0.4, and anticipated profits are $45,000, resulting in a possible gain of this amount minus the $18,000 cost for plans and a model. What is the expected value in this situation?

Answers: 2

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 14:10

Students are given 3 minutes for each multiple-choice question and 5 minutes for each free-response question on a test. there are 15 questions on the test, and students are given 51 minutes to take it.how many multiple-choice questions are on the test?

Answers: 1

Answer

Mathematics, 21.06.2019 16:00

12. the amount of money in a bank account decreased by 21.5% over the last year. if the amount of money at the beginning of the year is represented by ‘n', write 3 equivalent expressions to represent the amount of money in the bank account after the decrease?

Answers: 2

Answer

Mathematics, 21.06.2019 23:00

Find the distance between the pair of points a(-1,8) and b(-8,4)

Answers: 1

Answer

Mathematics, 22.06.2019 00:00

Charlie is at an amusement park that has 18 different rides. each ride costs $1.75. the function c(r) = 1.75r represents the total amount of money that charlie will spend if he goes on r rides, but he never goes on the same one more than once. what domain and range are reasonable for the function?

Answers: 3

Answer

You know the right answer?

An architect is considering bidding for the design of a new museum. The cost of drawing plans and su...

Questions

Mathematics, 18.09.2020 14:01

82 1/2% of what number is 330...

Mathematics, 18.09.2020 14:01

197+ 29 make a hundred to add...

Mathematics, 18.09.2020 14:01

What is 83 divided by 72,628...

Mathematics, 18.09.2020 14:01