Define the buisness cycle
2 answers:
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Answer:
63.4
Step-by-step explanation:
The triangle is right angled , so :
tan S = UT/ST
tan S = 2/1
tan S = 2
S = 2
S = 63.4
Answer:
Expected value of the game: -$0.421
Expected loss in 1000 games: $421
Step-by-step explanation:
There are two possible outcomes for the event:
- There is a 1 in 38 chance of winning $280
- There is a 37 in 38 chance of losing $8
The expected value for a single game is:
The expected value of the game is -$0.421
In 1,000 plays, the expected loss is:
You would expect to lose $421.