Slope-intercept form is given by y = mx + b. m represents the slope of the equation, and b represents the y-intercept.
m = 10.322
The slope is 10.322.
Answer:
845
Step-by-step explanation:
I think that's what it's asking??
Expected value of the bet is
the sum of the products of value of outcome and its probability,
less the amount paid to place the bet.
Outcomes value probability
win 225 1/4
lose 0 3/4
cost of bet = 40
So expected value of bet
E[X]=225*(1/4)+0*(3/4)-40
=56.25-40
=16.25
This means that in the long run, gambler will win, since the expected value is positive. (does NOT mean she will win in the next bet!)
Answer:
he will have to pay $650 in the month of june