Mathematics, 25.03.2020 05:34, shadow6728g

2) A landscape contractor bids on jobs where he can make $2900 profit. The probabilities
of getting 1, 2, 3, or 4 jobs per month are shown. PODRO) *P(3) +P
2)
Number of Jobs
Probability
1
0.1
2
0.3
3
0.4
T
0.2
Find the contractor's expected profit per month.
A) $7830
B) $4930
C) $1450
D) $2900

Answers: 2

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2) A landscape contractor bids on jobs where he can make $2900 profit. The probabilities of getting 1, 2, 3, or 4 jobs per month are shown. PODRO) *P(3) +P 2) Number of Jobs Probability 1 0.1 2 0.3 3 0.4 T 0.2 Find the contractor's expected profit per month. A) $7830 B) $4930 C) $1450 D) $2900

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Other questions on the subject: Mathematics

Questions in other subjects:

2) A landscape contractor bids on jobs where he can make $2900 profit. The probabilities
of getting 1, 2, 3, or 4 jobs per month are shown. PODRO) *P(3) +P
2)
Number of Jobs
Probability
1
0.1
2
0.3
3
0.4
T
0.2
Find the contractor's expected profit per month.
A) $7830
B) $4930
C) $1450
D) $2900