httpsmickeyyy
httpsmickeyyy httpsmickeyyy
  • 31-10-2021
  • Mathematics
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A consultant has been hired to redesign a company's production facility. The consultant estimates the probabilities of her potential profit as shown in the table below. What is her profit expectation?

A consultant has been hired to redesign a companys production facility The consultant estimates the probabilities of her potential profit as shown in the table class=

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madethisfortwitch1
madethisfortwitch1 madethisfortwitch1
  • 31-10-2021

Answer:

Step-by-step explanation:

40000*.06+30000*.2+20000*.5+10000*.2+5000*.04= 20600

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