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Lisa Runs a Local Flower Shop

question 20

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Lisa runs a local flower shop.If it rains on Valentine's Day and she opens the shop,she will lose $200.If it does not rain on Valentine's Day,she will earn $500 dollars as profits.What is Lisa's expected profit on Valentine's Day if she only knows that there is a 30% chance of rain that day?


Definitions:

Treasure Troves

Collections or finds of valuable objects, often hidden or discovered by chance.

Past Participle

A grammatical form used in perfect tenses and passive voice of verbs, often ending in -ed, -d, -t, -en, or -n in English.

Cranberries

Tart, red berries that are often used in cooking and baking, notable for their health benefits and role in preventing urinary tract infections.

Farmers

Individuals who own or manage farms, engaging in the production of food, fiber, and other materials by cultivating plants and raising animals.

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