document.write( "Question 1138260: A construction company is planning to bid on a building contract. The bid costs the company $1900. The probability that the bid is accepted is 1/4. If the bid is accepted, the company will make $15,600 minus the cost of the bid.\r
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Algebra.Com's Answer #756125 by ikleyn(52790) $\"\"$ $\"About$

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document.write( "The expected value is   dollars = 1525 dollars.\r\n" );
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document.write( "Explanation :\r\n" );
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document.write( "    With the probability of    the company will make (15600-1900) dollars, but in any case they should spend $1900 on the bid.\r\n" );
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