Find the expected value.Mr. Cameron is sponsoring an summer concert. He estimates that he will make $300,000 if it does not rain and make $60,000 if it does rain. The weather bureau predicts the chance of rain is 0.34 for the day of the concert. What are Mr. Cameron's expected concert earning?
A. $300,000
B. $360,000
C. $60,000
D. $218,400
Answer: D
You might also like to view...
Evaluate the integral.
A. 
?
B. 
?
C. 
?
D. 
?
Solve the problem.A money market fund has a continuous flow of money at a rate of f(x) = 0.5x for 10 years. Find the final amount if interest is earned at 6% compounded continuously.
A. $30.85 B. $61.70 C. $475.29 D. $197.52
Write and solve an equation to answer the question. Round percent to the nearest thousandth, if necessary.Students at Maple School earned $214 selling candles. They want to accumulate $2000 for a club trip. What percent of their goal has been reached?
A. 10.7% B. 9% C. 90% D. 0.107%
Solve.You have taken up gardening for relaxation and have decided to fence in your new rectangular shaped masterpiece. The length of the garden is 6 meters and 60 meters of fencing is required to completely enclose it. What is the width of the garden?
A. 360 m B. 48 m C. 10 m D. 24 m