Answer:
The carnival is losing (on average) $0.15 on each play
Step-by-step explanation:
To find out how much the carnival wins or looses in each play one subtract the expected value (EV) from each play from the amount charged by the carnival for each play ($0.55). If the expected value is higher than what the carnival charges, the carnival is losing money.
Expected is the sum of the payouts of each bet multiplied by its likelihood:
Since the expected value is higher than $0.55, the carnival is losing money, on average, on each play:
The carnival is losing (on average) $0.15 on each play
1.
"The spending limit on John’s credit card is given by the function f(x)=15,000+1.5x"
means that if the monthly income of John is $ 5,000 ,he can spend at most
f(5,000)=15,000+1.5*5,000=15,000+ 7,500=22, 500 (dollars)
Or for example
if Johns monthly income is $8,000, then he can spend at most
f(8,000)=15,000+1.5*8,000=15,000+ 12,000=27,000 (dollars)
2.
Now, assume that the maximum amount that John can spend is y.
Then, y=15,000+1.5x
we can express x, the monthly income, in terms of y by isolating x:
y=15,000+1.5x
1.5x = y-15,000
X=y-15,000/1.5
thus, in functional notation, x, the monthly income, is a function , say g, of variable y, the max amount:
X=g(y) y-15000/1.5
since we generally use the letter x for the variable of a function, we write g again as:
G (x) x-15000/1.5
tells us that if the maximum amount that John can spend is 50,000 $, then his monthly income is 23,333 $.
3.
If John's limit is $60,000, his monthly income is
G(600,000)=60,000-15,000/ 1.5=45,000/1.5 =30,000
dollars.
Answer: $ 30,000
Remark: g is called the inverse function of f, since it undoes what f does.
instead of g(x), we could use the notation
Answer:
x=32
Step-by-step explanation:
i took the test
Step-by-step explanation:
I hope it helps man this much .
