document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=211071>Question 211071</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A contractor is considering a sale that promises a profit of $20,000 with a probability of .7 or a loss (due to bad weather, strikes, and such) of $3000 with a probability of .3. What is the expected profit? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #159465 by </B><A HREF=/tutors/aboutme.mpl?userid=edjones><B>edjones(8007)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=edjones><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=edjones><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=159465\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> (20000*.7)-(3000*.3)<BR>\n" );
document.write( "=14000-900<BR>\n" );
document.write( "=$13,100. expected profit<BR>\n" );
document.write( ".<BR>\n" );
document.write( "Ed </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );