This topic contains a solution. Click here to go to the answer

Author Question: On any given day we know a salesman can earn 0 with a 40 probability, 100 with a 20 probability or ... (Read 73 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
On any given day we know a salesman can earn 0 with a 40 probability, 100 with a 20 probability or 300 with 40 probability. His expected earnings equal
 
  A) 0.
  B) 140.
  C) 300.
  D) It cannot be determined from the available information.

Question 2

On any given day, a salesman can earn 0 with a 30 probability, 100 with a 20 probability, or 300 with a 50 probability. His expected earnings equal
 
  A) 0.
  B) 100.
  C) 150.
  D) 170.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly




APUS57

  • Member
  • Posts: 571
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Excellent

 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

For a complete list of videos, visit our video library