2. John and Morgan purchase a foreclosed property for $50,000 and had to spend an additional $27,000 fixing up the property. They feel that they can resell the property for $120,000 with
probability of 0.15, $100,000 with probability of 0.45, $80,000 with probability of 0.25, and
$60,000 with probability 0.15. Compute and interpret the expected profit for reselling the
property.

An ecosystem is shown in the illustration. assume that human activities have led to a decrease in the number of eagles. a virus attack on rabbits has led to a decrease in their population in the ecosystem. which two sentences describe likely effects on the ecosystem? 1. there’s an increase in the number of snakes and insects and a decrease in the number of frogs. 2. there’s an increase in the number of snakes and insects, and the storks face increased competition for food. 3. there’s an increase in the number of storks and a decrease in the number of snakes and insects. 4. there’s an increase in the number of frogs and a decrease in the number of storks and insects. 5. there’s a decrease in the number of snakes, insects, and frogs.