Mme. Giselle's boutique in Cleveland, Ohio is planning to sell a Parisian frock. If the public view it as being the latest style, the frocks will be worth $10 comma 000. However, if the frocks are viewed as passe, they will be worth only $2 comma 000. If the probability that they are stylish is 10%, what is the expected value of the frocks? The expected value of the frocks (EV) is EVequals$ nothing. (Enter your response rounded to two decimal places.)

the expected value of the frocks (EV) is 2800

Step-by-step explanation:

the expected value of the frocks= (probability of stylish* worth)+(probability of passe* worth)

If the public view it as being the latest style, the frocks will be worth $10,000.

if the frocks are viewed as passe, they will be worth only $2,000.

If the probability that they are stylish is 10%

probability of stylish = 10000

worth = 10%

probability of passe = 2000

Therefore, the expected value of the frocks (EV) is 2800

the answer to the expression is 83

median is the value separating the higher half of a data sample, a population or probablity distribution from the lower half.

step-by-step explanation:

say you have 3,8,7,3,1,9,8 order them from lowest to highest

if orderd it would be 1,3,3,7,8,8,9 now you take away from the lowest and the highest until you end up in the middle.

so you would remove the 1 and 9 leaving you with 5 digits remaining

when you've reached the middle that would be your answer so in this case the answer is 7

if there were two numbers left say 7 and 5 you'd and them together so 12 then divide by 2 witch would equal 6 so the answer would be 6

good luck on that project hoped i you at all