Calculate the expected value to make predictions.
niceville community plans to invest $1...
Mathematics, 31.01.2020 00:03 microwave13016
Calculate the expected value to make predictions.
niceville community plans to invest $1,200 to host a concert. the community expects to sell tickets worth $1,600. but if it rains on the night of the concert, they won't sell any tickets, so they will lose all the money invested. the weather forecast for the day of the concert is 20% chance of rain. how much money can the community expect to make?
a. $0.65
b. $80
c. -$0.50
d. -$2.00
Answers: 2
Another question on Mathematics
Mathematics, 20.06.2019 18:04
Acollege is planning to construct a rectangular parking lot on land bordered on one side by a highway. the plan is to use 680 feet of fencing to fence off the other three sides. what dimensions should the lot have if the enclosed area is to be a maximum?
Answers: 3
Mathematics, 21.06.2019 16:30
Mexico city, mexico, is the world's second largest metropolis and is also one of its fastest-growing cities with a projected growth rate of 3.2% per year. its population in 1991 was 20,899,000 people. use the formula p = 20.899e0.032t to predict its population p in millions with t equal to the number of years after 1991. what is the predicted population to the nearest thousand of mexico city for the year 2010?
Answers: 2
Mathematics, 21.06.2019 18:40
Which statements regarding efg are true? check all that apply.
Answers: 1
Mathematics, 21.06.2019 19:30
At the electronics store you have a coupon for 20% off up to 2 cds you buy for cds with the original cost of $10.99 each the sales tax is 5% what is the total cost of your purchase
Answers: 1
You know the right answer?
Questions
Mathematics, 11.01.2021 20:10
Biology, 11.01.2021 20:10
Arts, 11.01.2021 20:10
Health, 11.01.2021 20:10
Mathematics, 11.01.2021 20:10
