Answer:
$0.558
Step-by-step explanation:
The expected value is the sum of the value of each outcome times the chance that it happens. In this case, there are two outcomes:
- Win $31 million
- Win $0
Then our expected value can be calculated as:
Draw a graph of this linear inequality y<2
1 answer:
Answer:
Observe the attached image
Step-by-step explanation:
The inequality we have is:
This means that the region represented by this inequality includes all the values below the horizontal line .
To graph this region, draw a dotted horizontal line that intersects the y axis at . Then shade all the region that is below the horizontal line, as shown in the attached image.
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