Mathematics, 03.05.2020 13:51 perlar0704
An architect is considering bidding for the design of a new shopping mall. The cost of drawing plans and submitting a model is $10,000. The probability of being awarded the bid is 0.09, and anticipated profits are $100,000, resulting in a possible gain of this amount minus the $10,000 cost for plans and a model. What is the expected value in this situation?
Answers: 1
Mathematics, 21.06.2019 21:30
Consider a bag that contains 220 coins of which 6 are rare indian pennies. for the given pair of events a and b, complete parts (a) and (b) below. a: when one of the 220 coins is randomly selected, it is one of the 6 indian pennies. b: when another one of the 220 coins is randomly selected (with replacement), it is also one of the 6 indian pennies. a. determine whether events a and b are independent or dependent. b. find p(a and b), the probability that events a and b both occur.
Answers: 2
Mathematics, 21.06.2019 22:30
Need same math paper but the back now i hope your able to read it cleary i need with hw
Answers: 1
An architect is considering bidding for the design of a new shopping mall. The cost of drawing plans...
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