John is interested in purchasing a multi-office building containing five offices. the current owner provides the following probability distribution indicating the probability that the given number of offices will be leased each year. number of lease offices 0 1 2 3 4 5 probability 5/18 1/4 1/9 1/18 2/9 1/12 if each yearly lease is $12,000, how much could john expect to collect in yearly leases for the whole building in a given year? (in dollars)
a) e(x) = $23,353.33
b) e(x) = $23,333.33
c) e(x) = $23,273.33
d) e(x) = $23,263.33
e) e(x) = $23,423.33
f) none of the above.

Option B.

Step-by-step explanation:

The given table is:

Number of Lease Offices :  0           1         2       3        4         5

Probability                         : 5/18     1/4     1/9    1/18     2/9      1/12

The expected probability is

Expected probability =

Expected probability =

Expected probability =

It is given that the yearly lease = $12,000.

The yearly leases for the whole building in a given year is

Yearly leases =

Therefore, the correct option is B.

answer: 1,380

step-by-step explanation:

1: you turn %15 into a decimal by moving the decimal point two places to the left.

2: and then you multiply .15 by 1,200 , which will get you 180.00

3: from there you will add 180 to 1,200

4: which will get you 1,380

hope it *im kind of slow so idk if my answer is right*

step-by-step explanation: