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...
Find the indicated term of the arithmetic sequence.6.1, 5.5, 4.9, . . . ; a9
A. 1.9 B. 1.3 C. 1.31 D. 0.7
Mathematics
Find the products AB and BA to determine whether B is the multiplicative inverse of A.A = 
,B = 
A. B = A-1 B. B ? A-1
Mathematics
Represent the quantity with an integer.The team gave up 21 points.
A. +21 B. -21
Mathematics
Suppose that the production function for a product is 
, where x represents the number of work hours and y represents the available capital (per week). Find the marginal productivity of y.
?
A. 
B. 
C. 
D. 
E. 
Mathematics