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Mathematics, 28.06.2019 12:30 sandovalito

Suppose a bounty hunter captures a certain type of fugitive 62% of the time. on average, the apprehension of this type of criminal costs him $9,000 in expenses, but if he captures the criminal he receives a bounty (monetary reward) of $50,000. based only on this information, should the bounty hunter take the job? a) the expected value is $22,000 -- the bounty hunter should take the job. b) the expected value is $27,580 -- the bounty hunter should take the job. eliminate c) the expected value is −$22,000 -- the bounty hunter should not take the job. d) the expected value is −$27,580 -- the bounty hunter should not take the job.

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Suppose a bounty hunter captures a certain type of fugitive 62% of the time. on average, the apprehe...
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