Answer:
$190.50
Step-by-step explanation:
Expected value is the sum of each possible income multiplied by its probability.
There's a 5% chance that the vendor makes $200 and loses $190 (net gain of $10).
There's a 95% chance that the vendor makes $200 and loses $0 (net gain of $200).
So the expected value is:
Exp(RS) = $10 × 0.05 + $200 × 0.95
Exp(RS) = $190.50
Answer:
<h3>6</h3>
Step-by-step explanation:
Given the expression g(c) = 6c/2, we are to find the value when c = 2
Substitute c = 2 into the expression
g(2) = 6(2)/2
g(2) = 12/2
g(2) = 6
<em>Hence the result when c = 2 is 6</em>
Answer:
4/5 is NOT equivalent to 45%
Step-by-step explanation:
4/5 = 80%
