document.write( "Question 971073: An airline is considering adding a route to the city of New Orleans, Louisiana. Market research predicts that if the airline serves New Orleans, there is a 42% probability of making a $700,000 profit, a 22% probability of
\n" ); document.write( "breaking even, and a 36% probability of losing $1,000,000. What is the expected value of adding a route to New Orleans? \n" ); document.write( "

Algebra.Com's Answer #593647 by Boreal(15235) $\"\"$ $\"About$

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E(x)=0.42 * $700,000 + 0.22 * 0 + 0.36* $1,000,000\r
\n" ); document.write( "\n" ); document.write( "=294,000-360,000=\r
\n" ); document.write( "\n" ); document.write( "= - $66,000 \n" ); document.write( "

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