I cant fail please help

When playing the roulette at a casino, you have exactly 1/35 chance of winning in each round if you play a single number. Your f

Vikentia [17]

Answer:

0.2275 = 22.75% probability that you actually won that round

Step-by-step explanation:

Conditional Probability

We use the conditional probability formula to solve this question. It is

$P(B|A) = \frac{P(A \cap B)}{P(A)}$

In which

P(B|A) is the probability of event B happening, given that A happened.

$P(A \cap B)$ is the probability of both A and B happening.

P(A) is the probability of A happening.

In this question:

Event A: Fireworks going off

Event B: You won

Probability of fireworks going off.

100% of 1/35 = 0.0286(when you win)

10% of 34/35 = 0.9714(you lost). So

$P(A) = 0.0286 + 0.1*0.9714 = 0.12574$

Probability of you winning and fireworks going off:

100% of 1/35, so $P(A \cap B) = 0.0286$

If you failed to see the outcome of a round, but you see the fireworks going off, then what is the probability that you actually won that round?

$P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.0286}{0.12574} = 0.2275$

0.2275 = 22.75% probability that you actually won that round

8 0

3 years ago

Work out the value of 22 - 2y when

stealth61 [152]

Answer:

2

Step-by-step explanation:

22 - 2y

= 22 - 2 ( 10 )

= 22 - 20

= 2

6 0

3 years ago

in each case are the 2 events dependent or independent toss a dime and then toss a quarter pick a card from a deck of cards keep

Mashcka [7]

<span>1. independent 2. dependent toss a dime and then toss a quarter * Ask yourself, "Does the 1st event have any effect on the results of the 2nd event?" And in this case, the answer is no. No matter what result happened for the dime flip, it won't affect the quarter flip. So these events are independent. pick a card from a deck of cards keep the card and pick another one * Ask yourself the same question. The 1st card is one of any of the 52 cards in the deck, while the 2nd card is from the remaining 51 cards. So the 1st event does affect the 2nd event. Therefore they're dependent.</span>

6 0

3 years ago

A coin is flipped, and a number cube is rolled. What is the probability of getting heads on the coin and a number less than 3 on

nata0808 [166]

<h3>Answer: one sixth (choice B)</h3>

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Explanation:

The probability of getting heads is 1/2 because there's one side we want out of two sides total

The probability of getting less than 3 is 2/6 = 1/3 since we have two sides we want (rolling a "1" or a "2") out of six sides total.

Multiply the two mentioned fractions: 1/2 times 1/3 = 1/6

1/6 can be written as "one sixth", but I prefer the first format better since it's shorter.

---------------

If you are a visual learner, you can make a table with 2 rows and 6 columns, or vice versa (6 rows and 2 columns). The order doesn't matter.

The two rows represent the events Heads or Tails. The 6 columns show the different outcomes on the number cube. We have 6*2 = 12 different outcomes of rolling a die and flipping a coin.

Of those 12 outcomes, shade in 2 boxes to represent getting heads and either a "1" or "2". Refer to the diagram below.

We have 2 shaded rectangles out of 12 total to get 2/12 = 1/6

The visual representation of a table like this may help show why we multiplied the fractions 1/2 and 1/3 to get the answer. Hint: think of area = length*width.

8 0

2 years ago

Little Equipment for Hire is a subsidiary in the Giant Machinery and currently under the liquidation plan due to the severe cont

KATRIN_1 [288]

Complete Question:

The Giant Machinery has the current capital structure of 65% equity and 35% debt. Its net income in the current year is $250 000. The company is planning to launch a project that will requires an investment of $175 000 next year. Currently the share of Giant machinery is $25/share. Required: a. How much dividend Giant Machinery can pay its shareholders this year and what is dividend payout ratio of the company. Assume the Residual Dividend Payout Policy applies? b. If the company is paying a dividend of $2.50/share and tomorrow the stock will go ex-dividend. Calculate the ex-dividend price tomorrow morning. Assuming the tax on dividend is 15%? c. Little Equipment for Hire is a subsidiary in the Giant Machinery and currently under the liquidation plan due to the severe contraction of operation due to corona virus. The company plans to pay total dividend of $2.5 million now and $ 7.5 million one year from now as a liquidating dividend. The required rate of return for shareholders is 12%. Calculate the current value of the firm’s equity in total and per share if the firm has 1.5 million shares outstanding?

Answer:

a) Total dividend for the current year = $136,250

Dividend Payout Ratio = 0.545

b) Ex-dividend price = $22.875

c) Total current value = $9,196,428.57

Current value per share = $6.13

Step-by-step explanation:

a) Equity = 65%

Debt = 35%

Net Income for year 0 = $250,000

proposed Investment for year 1= $175,000

Current price = $25/share

Tax on dividend = 15%

Total dividend for year 0 = 250000 - (65% of 175000)

Total dividend for year 0= 250000 - 113750

Total dividend for the current year = $136,250

Dividend Payout Ratio = total dividends/ total earning

Dividend Payout Ratio = 136250/250000

Dividend Payout Ratio = 0.545

b) Dividend = $2.5/ share

Ex-dividend price = current price - Dividend * (1-tax on dividend)

Substituting the appropriate values:

Ex-dividend price = 25 - 2.5 * (1-15%)

Ex-dividend price = 25 - 2.125

Ex-dividend price = $22.875

c) Current value of the firm = Dividend paid in year 0 + (Dividend to be paid in year 1/discount rate)

Dividend paid in year 0 = $2,500,000

Dividend to be paid in year 1 = $7,500,000

Discount rate = 12%

Total current value = 2,500,000 + (7,500,000 / 1.12)

Total current value = $9,196,428.57

Numbe of shares = 1,500,000

Current value per share = Total current value / number of shares

Current value per share = 9,196,428.57/1,500,000

Current value per share = $6.13

7 0

3 years ago