Mathematics, 06.10.2020 14:01 24lbriscoe
Your company bids on two contracts. You believe the probability that you get the first contract is 0.75 and if you get the first contract the probability that you also get the second one is 0.4. If you do not get the first contract the probability that you get the second one is 0.45. If you get both contracts the profit will be $75,000 for the company, if you get only one the profit will be $15,000. It costs the company $10,000 per contract to make a bid. What is the expected profit for the company?
A) -$20,000
B) $8,187.50
C) $33,687.50
D) $28,187.50
Answers: 1
Mathematics, 21.06.2019 20:30
In an improper fraction, is the numerator equal to, less than, or greater than the denominator
Answers: 2
Mathematics, 21.06.2019 21:00
Find the perimeter of the triangle with vertices d(3, 4), e(8, 7), and f(5, 9). do not round before calculating the perimeter. after calculating the perimeter, round your answer to the nearest tenth.
Answers: 1
Mathematics, 21.06.2019 22:00
Alex took his brother to a birthday party. the party was scheduled to last for 1 and 3/4 hours but they stayed for 4/5 of an hour more. how long did she stay at the party?
Answers: 2
Your company bids on two contracts. You believe the probability that you get the first contract is 0...
Business, 16.10.2019 18:20