subject
Mathematics, 15.10.2019 22:50 cassidy32504

Aconstruction company plans to invest in a building project. there is a 25% chance that the company will lose $40,000, a 35% chance of a break even, and a 40% chance of a $30,000 profit. based on this information, what should the company do?

show your

a) the expected value is $2,000, so the company should proceed with the project.

b) the expected value is $22,000, so the company should proceed with the project.

c) the expected value is - $2,000, so the company should not proceed with the project.

d) the expected value is $-22,000, so the company should not proceed with the project.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 12:30
Acable car begins its trip by moving up a hill. as it moves up, it gains elevation at a constant rate of 50 feet/minute until it reaches the peak at 2,000 feet. then, as the car moves down to the hill’s base, its elevation drops at the same rate.
Answers: 1
question
Mathematics, 21.06.2019 15:30
Question 7 of 47 1 point what is the equation of a line with a slope of 1/2 that passes through the point, (-2,5)? o a. 1/2x+3 o b. y=1/2x+5 o c. y=x+5 o d. y=1/2x+6
Answers: 3
question
Mathematics, 21.06.2019 19:00
Rena is building a 1: 180 scale model of a real castle. her model has a rectangular base that is 3 feet wide and 4 feet long what is the area of the base of the actual castle in square feet
Answers: 2
question
Mathematics, 21.06.2019 22:00
Two numbers have a sum of -19. one number is x. what expression represents the other number?
Answers: 2
You know the right answer?
Aconstruction company plans to invest in a building project. there is a 25% chance that the company...
Questions
question
Mathematics, 17.04.2020 02:54
question
Mathematics, 17.04.2020 02:54
Questions on the website: 13722360