subject
Mathematics, 13.12.2020 03:00 milkshakegrande101

A company plans a major investment and the amount of profit is uncertain, but researchers give the following estimate for distribution Profit (in millions): 1 : 1.5 : 2 : 4 : 10 : {1 corresponds with 0.1, 1.5 with 0.2 etc}

Probability : 0.1 : 0.2 : 0.4 : 0.2 : 0.1 :

What is the expected value of the profit in millions?

Edit: its 3

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
The base of a triangle exceeds the height by 7 centimeters. if the area is 400 square centimeters, find the length of the base and the height of the triangle.
Answers: 1
question
Mathematics, 21.06.2019 19:00
What is the best way to answer questions with a x expression in the question. for example 3x + 10x=?
Answers: 1
question
Mathematics, 22.06.2019 00:30
Officer brimberry wrote 32 tickets for traffic violations last week, but only 4 tickets this week. what is the percent decrease? give your answer to the nearest tenth of a percent.
Answers: 1
question
Mathematics, 22.06.2019 01:10
Pamela has a 30-year, 5.75% mortgage on her $250,000 home. she has been paying on it for 5 years, and has recently hit some financial trouble. if her lender agreed to lower the interest rate on her $231,905.47 balance to 5.5%, what will her new payment be for the remainder of the loan?
Answers: 2
You know the right answer?
A company plans a major investment and the amount of profit is uncertain, but researchers give the f...
Questions
question
Social Studies, 22.02.2020 00:41
question
History, 22.02.2020 00:41
question
Mathematics, 22.02.2020 00:42
question
Mathematics, 22.02.2020 00:42