Answer:
The expected value of profit is -0.5125. This is expected loss as value is negative.
Step-by-step explanation:
We are given the following in the question:
P(winning) = 0.075
Thus,
P(Loosing) =

If we win we gain a profit of $5.50 and if we loose the lottery, we loose $1.
Thus, we can form the probability distribution in the following manner:
Event: Winning Loosing
Profit(x): +5.50 -1
P(x): 0.075 0.925
We have to calculate the expected value of the profit.

Thus, the expected value of profit is -0.5125. This is expected loss as value is negative.
Seven pizzas: 7 pizzas
Shared between 3 friends: 7 pizzas / 3 friends
Simplify the fraction:
7 / 3
(3 goes into 7 twice, 7 - 6 = 1)
2 1/3
The fraction of pizza that each friend gets is 2 1/3.
Hope this helps!! :)
Answer:
1. y = 4
2. x = 10
3. n = 6
4. m = 4
5. h = 2
Step-by-step explanation:
Hope this helps!!
A three-letter word used to show division in a word problem is PER.
Answer:
3.2%
Step-by-step explanation:
-Let r be the simple interest rate per annum.
-Given the total amount after 1 year is 1857.60, the initial amount is 1800
#We use the simple interest formula to find the rate of interest:

Hence, the annual interest rate on the deposit is 3.2%