skylarleannjone54031 skylarleannjone54031

16-07-2024
Mathematics

Answered

You took a summer job as a salesperson in a shoe store with the knowledge that you will either make $2,000 or $3,500 with probabilities 0.4 and 0.6 respectively. What is your expected income for the summer job?
A. $2,000
B. $5,000
C. $2,900
D. $3,000

Answer :

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