SOLUTION: I need a break down of this problem please. Not really good at word problems.
The property restoration company PuroServ is considering switching to new dehumidifiers. Their mark
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Question 381354: I need a break down of this problem please. Not really good at word problems.
The property restoration company PuroServ is considering switching to new dehumidifiers. Their market research, considering the cost of the new machines and their efficiency, tells them that the switch would give them an 80% chance of making a $20,000 profit, a 15% chance of breaking even, and a 5% chance of losing $5,000. How much money does PuroServ expect to make with their new purchase?
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
20,000*(0.80) + 0.*(0.15) + (-5,000)*(0.05) = 15,750.
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