Provide an Appropriate Response

question 36

Multiple Choice

Provide an appropriate response.
-A contractor is considering a sale that promises a profit of $26,000 with a probability of 0.7 or a loss (due to bad weather, strikes, and such) of $8000 with a probability of 0.3. What is the expected profit?

• A) $23,800
• B) $18,200
• C) $18,000
• D) $15,800

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Definitions:

AIDS Virus

The Human Immunodeficiency Virus (HIV) causing Acquired Immunodeficiency Syndrome (AIDS), a condition in humans leading to failure of the immune system.

COYOTE

An acronym for "Call Off Your Old Tired Ethics," a sex worker advocacy organization.

Occasional Johns

Men who infrequently purchase sex from prostitutes, as opposed to those who are regular or habitual clients.

Prostitutes

Individuals who engage in sexual activities with others in exchange for money or goods, often within a commercial or transactional context.