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QUESTION 18 An investor is considering a $25,000 investment in a start-up company. She estimates that she has probability 0.2 thank you so much for your help!

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math Statistics-And-Probability

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Answer 1

Answer #1

18. Expected profit = 0.2*(15,000) + 0.15*(-20,000) + 0.05*40,000 + 0.6*0

= -4,000

The correct option is -$ 4,000

19. The correct option is - At most 29 DVDs were defective.

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Answer 2

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