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Lilit [14]
2 years ago
6

Using the same scenario as in number 2, your interviewer tells you that the game costs $1 to play and it has an expected value o

f 47 cents for every dollar spent. Use the following payouts to determine the expected value of the game. Do you agree with your co-worker?s assertion? roll sum of 19 sum of 17 sum of 15 sum of 13 doubles other winnings $5 $3 $2 $1 $. 5 $0.
Business
1 answer:
Karolina [17]2 years ago
7 0

Roll sum of 19 sum of 17 sum of 15 sum of 13 doubles other winnings $5 $3 $2 $1 $.5 $0.

<h3>What is Roll sum?</h3>

The 12-month rolling sum is the total of the previous 12 months. As the 12-month period "rolls" forward each month, the amount from the most recent month is added and the amount from the previous year is deducted. As a result, a 12-month total has been carried forward to the new month.

Cumulative sums, often known as running totals, are used to show the total sum of data as it grows over time (or any other series or progression). This allows you to see the entire contribution of a specific measure across time.

The total number of possible outcomes is 36, which is equal to the total number of the first die (6) multiplied by the total number of the second die (6).

To know more about Roll sum follow the link:

brainly.com/question/2264527

#SPJ4

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Hardware restoration reports net sales of $50,000. if sales returns and allowances are $10,000 and sales discounts are $1,500, w
Sunny_sXe [5.5K]
The gross sales will be given by:
Gross sales=(net sales)+(sales returns)+(discount)
net sales=$50000-
Return inwards(sales returns)=$ 10000
Discount=$ 1500
Thus;
Gross Sales=50000+10000+1500
=61,500
The answer is B. $61,500
8 0
3 years ago
GM crops have raised issues among communities in which they are produced. Which of the following are concerns raised by the publ
Nesterboy [21]

Answer:

a. The Bt toxin could negatively affect the taste of the food that is produced from these crops.

c. The Bt toxin could result in the death of non-pest species of insects. d. The Bt gene could ultimately make the plants pathogenic to humans.

Explanation:

Genetically engineered crops couldn't harm the economy. They are made to benefit economy, as it's shown in the following quote:

"The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012.

This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms)."

Reference: Brookes, Graham, and Peter Barfoot. “Economic Impact of GM Crops.” Taylor & Francis, 2014,

8 0
4 years ago
A top executive at IBM shared with his friends some "inside" information that allowed them to engage in very profitable stock tr
Delicious77 [7]

Answer:

This is a case of low moral intelligence,option A.

Explanation:

Moral intelligence is the ability to differentiate right from wrong as well as acting based on what one thinks is right.

Moral intelligence is a function of one's uprightness and envisaging the consequences of an action.

All in all, the top executive should have known that the information about his stock performance is a classified information not meant for everyone's consumption,hence his moral intelligence at the lowest ebb.

3 0
3 years ago
Can a financial institution keep borrowers from engaging in risky activities if there are no restrictive covenants written into
andriy [413]
YES, financial institutions can keep borrowers from engaging in risky activities, even though there are no written restrictive covenant between the bank and the borrowers. The bank can do this by warning the borrowers that they will not be considered for future loans if the the present loan is not well managed. 
7 0
3 years ago
What factors will determine the sizes of the​ shortages? The extent of the excess demand implied by the shortages will depend on
Juliette [100K]

Answer:

The answer is: C) the elasticity of​ demand, where the shortages will be larger if demand is more inelastic.

Explanation:

When the demand for a product is completely inelastic it means that the quantity demanded for that product will be the same whether its price increases or decreases. Rarely any product is completely inelastic, but inelasticity shows a tendency of buyers to keep buying a product even if its price rises, for example gasoline.

Inelastic products don´t follow the law of supply and demand, since the price doesn´t alter the demand.

If suppliers can produce enough goods (product shortages) and the quantity demanded stays the same, the price will rise. But if the demand for the product is inelastic then the shortage will get worse since every time more people will want to buy the product and their will be less product to buy.

6 0
3 years ago
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