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A local club plans to invest 10,000 php to host a baseball game. They expect to sell tickets worth 15,000 php. But if it rains on the day of the game, they won't sell any tickets and the club will lose all the money invested. If the weather forecast for the day of the game is a 20% possibility of rain, is this a good investment? Refer to the table below and write your answers on the space provided for the missing values (in red font). X P(X) X: P(X) ... Amount of Gains A C E Amount of Loss B D F H = E(X) = G Additional Instructions: Don't include php' in your answers. For letters C and D, round off your answers to 2 decimal places. A = Blank 1 B = Blank 2 C= Blank 3 D = Blank 4 E = Blank 5 F = Blank 6 G = Blank 7 %3!

A local club plans to invest 10,000 php to host a baseball game. They expect to sell tickets worth 15,000 php. But if it rains on the day of the game, they won't sell any tickets and the club will lose all the money invested. If the weather forecast for the day of the game is a 20% possibility of rain, is this a good investment? Refer to the table below and write your answers on the space provided for the missing values (in red font). X P(X) X: P(X) ... Amount of Gains A C E Amount of Loss B D F H = E(X) = G Additional Instructions: Don't include php' in your answers. For letters C and D, round off your answers to 2 decimal places. A = Blank 1 B = Blank 2 C= Blank 3 D = Blank 4 E = Blank 5 F = Blank 6 G = Blank 7 %3!

MATLAB: An Introduction with Applications
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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A local club plans to invest 10,000 php to host a baseball game. They expect to sell tickets worth 15,000 php. But if it rains on the day of the game, they won't sell any tickets and the club will lose all the money invested. If the weather forecast for the day of the game is a 20% possibility of rain, is this a good investment? Refer to the table below and write your answers on the space provided for the missing values (in red font). X P(X) X: P(X) ... Amount of Gains A C E Amount of Loss B H = E(X) = G Additional Instructions: Don't include php' in your answers. For letters C and D, round off your answers to 2 decimal places. A = Blank 1 B = Blank 2 C= Blank 3 D = Blank 4 E = Blank 5 F = Blank 6 G = Blank 7 %3!
Transcribed Image Text:A local club plans to invest 10,000 php to host a baseball game. They expect to sell tickets worth 15,000 php. But if it rains on the day of the game, they won't sell any tickets and the club will lose all the money invested. If the weather forecast for the day of the game is a 20% possibility of rain, is this a good investment? Refer to the table below and write your answers on the space provided for the missing values (in red font). X P(X) X: P(X) ... Amount of Gains A C E Amount of Loss B H = E(X) = G Additional Instructions: Don't include php' in your answers. For letters C and D, round off your answers to 2 decimal places. A = Blank 1 B = Blank 2 C= Blank 3 D = Blank 4 E = Blank 5 F = Blank 6 G = Blank 7 %3!
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