Aconstruction company plans to invest in a building project. there is a 30% chance that the company will lose $30,000, a 40% chance of a break even, and a 30% chance of a $60,000 profit. based only on this information, what should the company do? the expected value is $9,000.00, so the company should proceed with the project. b) the expected value is $18,000.00, so the company should proceed with the project. c) the expected value is −$9,000.00, so the company should not proceed with the project. d) the expected value is −$18,000.00, so the company should not proceed with the project.

Option 'A' is correct.

Step-by-step explanation:

Since we have given that

30% chance that the company will lose $30000.

40% chance of a break even that there is no loss and no profit.

30% chance that the company will profit $ 60000.

As we know the formula for "Expectation":

So, Expected value will be

Expected value is $9000. So, the company should proceed with the project.

Hence, Option 'A' is correct.

the final amount you will pay is $68.04.

the tip is determined by the pre-tax amount, so we calculate the tip based on the original bill, not after we've added sales tax.

to find the tip:

we can divide 54.00 by 100 to get 1% of 54. then we multiply that by 18.

54 / 100 = .54

.54 x 18 = 9.72

tip = 9.72$

to find the tax:

we can divide 54.00 by 100 to get 1% of 54. then we can multiply that by 8 to get 8%.

54 / 100 = .54

.54 x 8 = 4.32

tax= 4.32

now we can add the tip and tax to the bill to get our total.

54 + 9.72 + 4.32 = 68.04

total: $68.04

step-by-step explanation: