# A store specializing in mountain bikes is to open in one of two malls if the first mall is selected

a store specializing in mountain bikes is to open in one of two malls if the first mall is selected the store anticipates a yearly profit of $825,000 if successful a yearly loss of 275,000 otherwise the probability of success is 1/2 if the second mall is selected it is an estimated that the yearly profit will be 550,000 if successful otherwise the annual loss will be 165,000 the probability of success at the second mall is three Force​ ### Related Posts ## Which of the following are parallel to the line 2x+ 4y=16 ## 7.(06.02)Nami plotted the graph below to show the relationship between the temperature of her city ## 3. Lolly and Molly are reading a book. Lolly is on page 30 and reads 4 pages a minute.Molly is on page 40 and reads two pages ## On a scale drawling with the scale of 1 in to 5ft to aflagpole is 4 inches tall how tall is the actual flagpole ## Renting a trailer for 4 days costs$84. Renting the trailer for 5 days costs $100. Which of the following ## 9. Find the area of a circle having a circumference of 382. Round to the nearest tenth. Use 3.14 for 1. a. 1133.5 units b. 1078.6 ## This Post Has 3 Comments 1. shanua says: Complete question : a store specializing in mountain bikes is to open in one of two malls if the first mall is selected the store anticipates a yearly profit of$825,000 if successful a yearly loss of 275,000 otherwise the probability of success is 1/2 if the second mall is selected it is an estimated that the yearly profit will be 550,000 if successful otherwise the annual loss will be 165,000 the probability of success at the second mall is three Fourth (3/4).

What is the expected profit of thesecond mall?

$453,750 Step-by-step explanation: Given the following : First mall: Profit if successful =$825,000

Loss if otherwise = $275000 Probability of success = 1/2 Second mall: Profit if successful =$550,000

Loss if otherwise = $165,000 Probability of success = 3/4 Expected profit of second mall: If probability of profit ' P(profit)' = 3/4 Then, Probability of loss P(loss) = 1 - P(profit) P(loss) = 1 - 3/4 = 1/4 Expected profit: [P(profit) * profit] + [P(loss) * loss]) (0.75 *$550,000) + (0.25 * (-$165,000))$412,500 - $41,250 =$453,750

2. Expert says:

step-by-step explanation:

3. Expert says:

3-4

step-by-step explanation:

the answer is 3-4 because both 45 and 60 has a multiple of 15.

45/3=15

60/4=15

therefore the odds against selecting a red is 4-3