Job Bids A landscape contractor bids on jobs where he çan make $3000 profit. The probabilities of getting 1, 2, 3, or 4 jobs per month are show Number of jobs X 2 3 Probability P (X) 0.1 0.3 0.3 0.3 Send data to Excel Find the contractor's expected profit per month. The contractor's expected profit per month is 4.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.9: Independent And Dependent Events
Problem 12E
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Job Bids A landscape contractor bids on jobs where he çan make $3000 profit. The probabilities of getting 1, 2, 3, or 4 jobs per month are showWn
Number of jobs X
3.
4
Probability P (X) 0.1
0.3
0.3
0.3
Send data to Excel
Find the contractor's expected profit per month.
The contractor's expected profit per month is $
Transcribed Image Text:Job Bids A landscape contractor bids on jobs where he çan make $3000 profit. The probabilities of getting 1, 2, 3, or 4 jobs per month are showWn Number of jobs X 3. 4 Probability P (X) 0.1 0.3 0.3 0.3 Send data to Excel Find the contractor's expected profit per month. The contractor's expected profit per month is $
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