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27-04-2021
Mathematics

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A manufacturer is considering building a new and better mousetrap. She estimates the probability that the new mousetrap will be successful is . If it is successful, it would be able to make $120,000. Of course, she would make nothing if it were unsuccessful. The development costs for the mousetrap are $98,000. What is the expected value?
8,000
-$8,000
$22,000
-$32,000

Respuesta :

27-04-2021

Answer:

$22,000

Step-by-step explanation:

Subtract the development cost from the amount it would make.

And boy, that's one expensive mousetrap.

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