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Title: Lisa runs a local flower shop. If it rains on Valentine's Day and she opens the shop, she will lose ... Post by: PaulKet on Nov 12, 2017 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?
A) $350 B) $290 C) $200 D) $150 Title: Re: Lisa runs a local flower shop. If it rains on Valentine's Day and she opens the shop, she will ... Post by: unExpected on Nov 12, 2017 Content hidden
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