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Find boris and bela expected profit per month

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Reference no: EM132850697

Boris and Bela are landscape contractors. They bid on jobs where they can make a $3,000 profit. The probabilities of getting 1, 2, 3, or 4 jobs per month are

Number of Jobs. 1 2 3 4

Probability 0.2 0.3 0.4 0.1

Find Boris and Bela's expected profit per month. Your final answer should be correct to 2 places after the decimal point.

Reference no: EM132850697

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