A construction company is planning to bid on a building contract. the bid costs the company $1900. the probability that the bid is accepted is 1/10. if the bid is accepted, the company will make $94000 minus the cost of the bid.
a. what is the expected value in this situation?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A construction company is planning to bid on a building contract. the bid costs the company $1900. the probability that the bid is accepted ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
If a coin is tossed and a number cube is rolled what is the probability of getting heads and the number cube shows 3? 1/2 1/9 1/6 1/12
Answers (1)
If Joy's age is now three times her age 14 years ago how old is she
Answers (2)
44=t/11how do I solve this problem
Answers (1)
Darius wants to purchase his favorite salad dressing. The salad dressing comes in two different size bottles. The 16 ounce bottle is on sale for $3.36. The 10 ounce bottle is priced at $2.30.
Answers (2)
What is the GCF of 18, 45, 63
Answers (1)
New Questions in Mathematics
A new school banner is to be 4 1/2 feet wide by 7 1/4 feet long. what is the area? if a fabric for the banner costs $6 a square foot, how much will the banner cost to make?
Answers (1)
A highway speed monitor is located on the side of the road that has a speed limit of 45 mph. The system records the speeds of passing vehicles. The data below shows the speeds of the first 9 cars that pass.
Answers (1)
P-c=100+a solve for a
Answers (1)
Solve each of the following equations. (2 answers) |2x-3|=2
Answers (1)
Which of the following describes the transformations of g (x) = - (2) * +4 - 2 from the parent function RX) = 2*?
Answers (1)