A concession stand at a pool tends to get $500 in profit on hot days, $300 on average days, and $200 on cool days. If it is hot 39% of the time, average 47%of the time, and cool 14% of the time, what is the expected value of their profit? Please round to the nearest whole dollar.Profit =Please express your answer as a whole number without any decimals or any other symbols.On a particular type of property insurance policy, about 1 in every 5,000 policies a year tend to make a sizable claim (in other words, a probability of 0.02%,or 0.0002). The claims tend to average about s110000. What would be a fair rate on this policy (before adjusting to cover operating costs)? Please roundto the nearest whole dollar.Fair price = $Please enter only digits into the box. Do not include dollar signs, commas, or any other symbols

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Description: A concession stand at a pool tends to get $500 in profit on hot days, $300 on average days, and $200 on cool days. If it is hot 39% of the time, average 47%of the time, and cool 14% of the time, what is the expected value of their profit? Please rou

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A concession stand at a pool tends to get $500 in profit on hot days, $300 on average days, and $200 on cool days. If it is hot 39% of the time, average 47% of the time, and cool 14% of the time, what is the expected value of their profit? Please round to the nearest whole dollar. Profit =$ Please express your answer as a whole number without any decimals or any other symbols.

A concession stand at a pool tends to get $500 in profit on hot days, $300 on average days, and $200 on cool days. If it is hot 39% of the time, average 47% of the time, and cool 14% of the time, what is the expected value of their profit? Please round to the nearest whole dollar. Profit =$ Please express your answer as a whole number without any decimals or any other symbols.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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=CONFIDENCE.T (0.1, 3.533, 16