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11 May, 08:31

A farmer has $100,000 worth of cherries on the trees in his orchard. There is a 10% chance of the weather ruining his crop before harvest in

which case he would lose $40,000 worth of cherries. What would be the expected value of the crop?

?

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Answers (1)
  1. 11 May, 09:04
    0
    60,000 I think.

    Step-by-step explanation:

    the value (100,000) minus the damage (40,000) would equal 60,00
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