☰ Contents · Basics of entrepreneurship

Assessing business risks

Lessons 28 · 1 lessons · U. G‘afurov, Q. Sharipov. Basics of Entrepreneurship: textbook for Grade 11 of general secondary schools and for secondary specialised and vocational institutions. 1st edition. “O‘zbekiston” publishing house, Tashkent, 2018
Answers are for parents and teachers.
1
Success probability 0.8 with profit 20 000 so‘m; failure probability 0.2 with profit 5 000 so‘m. What is E(X) in so‘m?
2
Probabilities are 0.5 and 0.5; results are 14 000 and 6 000 so‘m. What is E(X) in so‘m?
3
Property has a 2 % yearly chance of a 10 000 000 so‘m loss. What is the expected loss in so‘m?
4
An imaginary firm sells two products: frozen juice — 25 million in summer and 5 million in winter; hot samsa — 8 million in summer and 20 million in winter. What is the total revenue in winter, in million so‘m?
5
Why does “do not put all your eggs in one basket” fit diversification? Write 2 sentences.