Mathematics, 08.11.2019 13:31, sabrosaichigurl

# Amanufacturer plans on building a better mousetrap. there is a 60% chance the mouse trap will produce a profit of $200,000 for the company, a 20% chance of a $100,000 profit, and a 20% chance the company will lose $200,000.

based on this information, should the company build the mousetrap?

a) the expected value is $70,000, so the company should build the mousetrap.

b) the expected value is $85,000, so the company should build the mousetrap.

c) the expected value is $100,000, so the company should build the mousetrap.

d) the expected value is -$70,000, so the company should not build the mousetrap.

Answers: 1

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Which of the following is correct interpretation of the expression -4+13

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Mathematics, 21.06.2019 18:30, jamilecalderonpalaci

Solve 2x2 + 8 = 0 by graphing the related function. there are two solutions: . there are no real number solutions. there are two solutions: 2 and -2

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Amanufacturer plans on building a better mousetrap. there is a 60% chance the mouse trap will produc...

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