A farmer has $100,000 worth of cherries on the trees in his orchard. There is a 10% chance of the weather ruining his crop before harvest in

which case he would lose $40,000 worth of cherries. What would be the expected value of the crop?

?

Question

29 December, 10:22

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Answers (1)

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Orlando · Answer 1

60,000 I think.

Step-by-step explanation:

the value (100,000) minus the damage (40,000) would equal 60,00

A farmer has $100,000 worth of cherries on the trees in his orchard. There is a 10% chance of the weather ruining his crop before harvest inwhich case he would lose $40,000 worth of cherries. What would be the expected value of the crop??