subject
Mathematics, 27.07.2020 14:01 Irvin1323

PLEASE HELP ANSWER A-B Claire is considering investing in a new business. In the first year, there is a probability of 0.2 that the new business will lose $10,000, a probability of 0.4 that the new business will break even ($0 loss or gain), a probability of 0.3 that the new business will make $5,000 in profits, and a probability of 0.1 that the new business will make $8,000 in profits. A.) Claire should invest in the company if she makes a profit. Should she invest? Explain using expected values. B.) If Claire’s initial investment is $1,200 and the expected value for the new business stays constant, how many years will it take for her to earn back her initial investment? LOOK AT PICTURE BELOW


PLEASE HELP ANSWER A-B Claire is considering investing in a new business. In the first year, there
PLEASE HELP ANSWER A-B Claire is considering investing in a new business. In the first year, there

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
If (x-2) 2= 49, then x could be a. -9 b. -7 c.- 2 d. 5 e.9
Answers: 2
question
Mathematics, 21.06.2019 21:30
Amira is painting a rectangular banner 2 1/4 yards wide. the banner will have a blue background. amira has enough paint to cover 1 1/2 square yards of the wall. the school colors are blue and yellow, so amira wants to add yellow rectangles on the left and right sides of the blue rectangle. the yellow rectangles will each be 3/4 yards wide and the same height as the blue rectangle. what will be the total area of the two yellow rectangles?
Answers: 3
question
Mathematics, 21.06.2019 22:30
Tell whether the two rates form a proportion
Answers: 1
question
Mathematics, 22.06.2019 02:40
If /is a line of symmetry, plot the partner points for the ones shown. noch 6 5 4 -3 -2 -1
Answers: 1
You know the right answer?
PLEASE HELP ANSWER A-B Claire is considering investing in a new business. In the first year, there i...
Questions
question
Mathematics, 04.10.2021 14:00
question
Mathematics, 04.10.2021 14:00
question
Mathematics, 04.10.2021 14:00
question
Mathematics, 04.10.2021 14:00
Questions on the website: 13722359