Motorcyclin’ Manco is arguing with his mom about buying a \$30$30dollar sign, 30 light for his motorcycle. His mom wants him to be safe, but Manco thinks that lights are too expensive. Based on traffic data, Manco makes the table below which shows the time, probability, and cost of three different types of accidents if Manco doesn’t have the light. If Manco purchases the light, it will not matter in the morning or at dusk, but it will prevent a night accident from occurring. Assume that Manco can get in at most one accident and that Manco’s table is accurate. What is the expected total cost of accidents and lights if Manco buys the light? Round your answer to the nearest dollar. \$$dollar sign What is the expected total cost of accidents and lights if Manco does not buy the light? Round your answer to the nearest dollar. \$$dollar sign If Manco wants the best payoff in the long run, he should .

Answers

Answer 1

Answer:

$880 (with the light)

$2850 (without the light)

Answer 2

Answer:

Explanation:

i got $950

$1200 instead


Related Questions

3.
Which of the following is not a religion that was founded in south east asia?

Answers

Answer:

South Asia is the birthplace of four of the world's religions: Hinduism, Buddhism, Sikhism, and Jainism. Three that come from West Asia: Christianity, Islam, and Judaism arrived later. Zoroastrianism, the major religion in ancient Persia (now Iran) until it became Muslim, also survives in India

Answer:

taoism

Explanation:

How does coral ecosystem suffering from physical damage affect the ecosystem?

Answers

Answer:

Aquatic animals and organisms thrive in coral reef habitats/ecosystems. The biodiversity of different organisms (like fish) are abundant because of the habitats (like anemone), algae, and phytoplankton that live off the area. The destruction of the coral reef by polution can cause a disturbance in the balance of life. For example, the bacteria and algae (autotrophs) that live off the sides of pieces of coral would die off causing the fish and other things that way them to die off and then the fish that consume those animals would die off.

In shorter terms: the physical damage would throw off the balance of the food web/food chain and would destroy habitats of thousands of organisms causing them to die off.

Hope this helps! :D

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