A contractor is considering a sale that promise a profit of $33,000 with a probability of 0.7 of $16,000 with a probability of 0.3 what is the expected profit? Statistics 1 Answer VSH Apr 13, 2018 Answer link Related questions How do I determine the molecular shape of a molecule? What is the lewis structure for co2? What is the lewis structure for hcn? How is vsepr used to classify molecules? What are the units used for the ideal gas law? How does Charle's law relate to breathing? What is the ideal gas law constant? How do you calculate the ideal gas law constant? How do you find density in the ideal gas law? Does ideal gas law apply to liquids? Impact of this question 3655 views around the world You can reuse this answer Creative Commons License