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haileesprague575
22.10.2020 •
Mathematics
Salty's Surf Shop loses $35,000 during cold, rainy summers and profits $175,000 during summers that
are hot and dry. The probability that it will be hot and dry during summers is 30%. What is the expected
profit Salty would realize over 10 years?
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Ответ:
$280,000
Step-by-step explanation:
Given that:
Loss during cold = $35000
P(hot and dry) = 30% = 0.3
Hence ; P(cold) = 1 - 0.3 = 0.7
Profit during hot and dry= $175,000
Expected profit over 10 years =?
Hot & Dry Cold __
X : 175,000 -35,000
P(X) : 0.3 0.7
Expected probability (E(X)) = Σx*p(x)
= 0.3(175,000) + 0.7(-35,000)
= 52,500 + (-24,500)
= $28,000
Hence, expected profit over 10 years :
$28,000 * 10 = $280,000
Ответ:
m = 2 and c = -1
Step-by-step explanation:
Equation of line => y = mx + c
Given equation of line => y = 2x - 1