Danielle is a farmer. If the weather is good, she will earn $100000. If thereis a hailstorm,
Fantastic news! We've Found the answer you've been seeking!
Question:
Danielle is a farmer. If the weather is good, she will earn $100000. If thereis a hailstorm, she will earn only $50000. The probability of ahailstorm in any given year is 30%. What is Danielle's expected income (just enter the number, no commas)?
Posted Date: