Mathematics, 26.02.2020 03:28, RoyalGurl01
Suppose an oil company is thinking of buying some land for $11,000,000. There is a 60 % chance of economic growth and a 40 % chance of recession. The probability of discovering oil is 46 % when there is economic growth and 34 % when there is a recession. If there is economic growth and the oil company discovers oil, the value of the land will triple. If they do not discover oil, the value of the land will decrease by 11 % . If there is a recession and the company discovers oil, the value of the land will increase by 50 % . If they do not discover oil, the land will decrease in value by 80 % .What is the expected value of the investment? Give your answer to the nearest dollar. Avoid rounding within calculations.
Answers: 3
Mathematics, 21.06.2019 21:30, magicpuppydance
On #16 : explain how factoring a trinomial, ax^2+ bx+ c, when a does not equal 1 different from factoring a trinomial when a = 1.
Answers: 2
Mathematics, 21.06.2019 22:30, Carlosanddana123
What is the approximate value of x in the equation below.–3.396–0.7080.3040.955
Answers: 1
Suppose an oil company is thinking of buying some land for $11,000,000. There is a 60 % chance of ec...