Job Bids A landscape contractor bids on jobs where he can make  $2750  profit. The probabilities of getting  1, 2, 3,  or  4  jobs per month are shown.   Number of jobs  X 1 2 3 4 Probability  PX 0.1 0.2 0.3 0.4   Send data to Excel   Find the contractor's expected profit per month. The contractor's expected profit per month is  $ .

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
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Job Bids A landscape contractor bids on jobs where he can make 
$2750
 profit. The probabilities of getting 
1, 2, 3, 
or 
4
 jobs per month are shown.

 

Number of jobs 
X
1
2
3
4
Probability 
PX
0.1
0.2
0.3
0.4

 



Send data to Excel
 
Find the contractor's expected profit per month.
The contractor's expected profit per month is 
$
.
 
 
 
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