Bhie wants to invest his money in a Milk Tea business. There is a 30% chance of losing 150,000 Php., a 45% chance of making a profit of 250,000 Php. and 25% chance of getting a break even. Based on these information, should Bhie invest his money in the Milk tea business?
Bhie wants to invest his money in a Milk Tea business. There is a 30% chance of losing 150,000 Php., a 45% chance of making a profit of 250,000 Php. and 25% chance of getting a break even. Based on these information, should Bhie invest his money in the Milk tea business?
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 24RE: A ladder has 15 tapered rungs, the lengths of which increase by a common difference. The first rung...
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Bhie wants to invest his money in a Milk Tea business. There is a 30% chance of losing 150,000 Php., a 45% chance of making a profit of 250,000 Php. and 25% chance of getting a break even. Based on these information, should Bhie invest his money in the Milk tea business?
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