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Author Question: On any given day we know a salesman can earn 0 with a 40 probability, 100 with a 20 probability or ... (Read 81 times)

APUS57

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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.


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gasdhashg

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APUS57

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


samiel-sayed

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Reply 3 on: Yesterday
:D TYSM

 

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