A local organization plans to invest 10000 to host a baseball game. They expect to sell tickets worth 15000. But if it rains on the day of game, they won't sell any tickets and the organization will lose all the money invested. If the weather forecast for the day of game is 30% possibility of rain, is this a good investment?
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A local organization plans to invest 10000 to host a baseball game. They expect to sell tickets worth 15000. But if it rains on the day of game, they won't sell any tickets and the organization will lose all the money invested. If the weather forecast for the day of game is 30% possibility of rain, is this a good investment?
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