A fishing company operates a search plane to find schools of fish in the ocean. Schools of fish are randomly located in the ocean. On average, there is one school of fish per 100,000 square miles of ocean. During any one day, the plane can search 10,000 square miles.

COMPLETE QUESTION:

What is the expected number of schools of fish found in one day of searching?

0.1

Step-by-step explanation:

One school of fish per 100,000 square miles of ocean

Plane can search 10,000 square miles

Therefore,

Expected number of schools of fish found in one day of searching

= 10,000 / 100,000

= 0.1

a. $1300

b. $1326

Step by step explanation:

(a.) $500 + $200 + $600

=$1300 × x(x =1+r)

=$1300

(b.) 1300 ×2

100

= 26