A Fruit Company Has 20% Returns in Periods of Normal

question 13

Multiple Choice

A fruit company has 20% returns in periods of normal rainfall and -3% returns in droughts. The probability of normal rainfall is 60% and droughts 40%. What would the fruit company's expected returns be?

• A) 24%
• B) 10.8%
• C) 0
• D) cannot determine from the information given

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Definitions:

Redundancies

Situations where an employer reduces their workforce because a job or jobs are no longer needed.

Passive Voice

A sentence construction where the subject of the sentence is acted upon rather than performing the action.

Active Voice

A grammatical voice where the subject of the sentence performs the action expressed by the verb, making the writing more direct and clear.

Voir Dire

A proceeding in which attorneys for the plaintiff and the defendant ask prospective jurors questions to determine whether any juror is biased or has any connection with a party to the action or with a prospective witness.