Mathematics, 02.12.2019 09:31 nayelimoormann
An architect is considering bidding for the design of a new museum. the cost of drawing plans and submitting a model is $14,000. the probability of being awarded the bid is 0.1. if the architect is awarded the bid, she will make $140,000 minus the $14,000 cost for plans and a model. what is the expected value in the solution?
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An architect is considering bidding for the design of a new museum. the cost of drawing plans and su...
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