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

Mathematics

You might also like to view...

Factor the polynomial completely. If the polynomial cannot be factored, say it is prime.1000y3 + 343

A. (10y + 7)(100y2 - 70y + 49) B. (1000y - 7)(y2 + 70y + 49) C. (10y + 7)(100y2 + 70y + 49) D. (10y - 7)(100y2 + 70y + 49)

Mathematics

Using synthetic division, determine whether the numbers are zeros of the polynomial.2i, -i, -4; f(x) = x3 + 4x2 + x + 4

A. Yes; yes; no B. No; no; yes C. No; yes; yes D. No; no; no

Mathematics

Solve the equation and check your solution.-16.6y = 232.4

A. -1.19 B. -215.8 C. -218.4 D. -14

Mathematics

Find the median. If necessary, round to one decimal place.During an experiment, the following times (in seconds) were recorded: 7, 7, 10, 24, 38, 41, 48.

A. 10 sec B. 38 sec C. 24 sec D. 25.5 sec

Mathematics