subject
Mathematics, 07.04.2020 05:48 leslie122372

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 0.05, 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?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:20
What is the value of r of the geometric series?
Answers: 1
question
Mathematics, 21.06.2019 20:20
Consider the following estimates from the early 2010s of shares of income to each group. country poorest 40% next 30% richest 30% bolivia 10 25 65 chile 10 20 70 uruguay 20 30 50 1.) using the 4-point curved line drawing tool, plot the lorenz curve for bolivia. properly label your curve. 2.) using the 4-point curved line drawing tool, plot the lorenz curve for uruguay. properly label your curve.
Answers: 2
question
Mathematics, 21.06.2019 21:30
What is r i 4.5+10r=-6.5 with work pls
Answers: 1
question
Mathematics, 21.06.2019 23:00
Which geometric principle is used to justify the construction below?
Answers: 1
You know the right answer?
An architect is considering bidding for the design of a new shopping mall. The cost of drawing plans...
Questions
question
Computers and Technology, 18.07.2019 19:40
Questions on the website: 13722360