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A contractor is considering a sale that promises a profit of $28,000 with a probability of 0.7 or a loss(due to bad weather, strikes, and
A contractor is considering a sale that promises a profit of $28,000 with a probability of 0.7 or a loss(due to bad weather, strikes, and such) of $4000 . What is the expected profit? Show all the work . You need to write the prob distribution ( worth 2 point ) and calculate the expected profit( worth 3 points) Do the work in the inobx Edit View Insert Format Tools Table 12pt w Paragraph ~ | B J U Ay Zy Ty
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