subject
Mathematics, 30.12.2019 17:31 zmerriweather167

Asmall company plans to invest in a new advertising campaign. there is a 20% chance that the company will lose $5,000, a 50% chance of a break even, and a 30% chance of a $10,000 profit. based on this information, what should the company do?
a) the expected value is $2,000.00, so the company should proceed with the campaign.
b) the expected value is $4,000.00, so the company should proceed with the campaign.
c) the expected value is -$2,000.00, so the company should not proceed with the campaign.
d) the expected value is -$3,000.00, so the company should not proceed with the campaign.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 14:20
What is the point-slope form of the equation for the line with a slope of -2 that passes through (1,4)?
Answers: 1
question
Mathematics, 22.06.2019 00:30
An unknown number x is at most 10. which graph best represents all the values of x? number line graph with closed circle on 10 and shading to the right. number line graph with open circle on 10 and shading to the right. number line graph with open circle on 10 and shading to the left. number line graph with closed circle on 10 and shading to the left.
Answers: 1
question
Mathematics, 22.06.2019 00:30
Find the solution on the interval [0, 2pi)
Answers: 1
question
Mathematics, 22.06.2019 02:00
The statement tan theta= -12/5, csc theta=-13/12, and the terminal point determained by theta is in quadrant two
Answers: 3
You know the right answer?
Asmall company plans to invest in a new advertising campaign. there is a 20% chance that the company...
Questions
question
Mathematics, 22.10.2019 00:00
Questions on the website: 13722367