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zheka24 [161]
3 years ago
15

A CD has a 5% chance of being a smash hit and profiting $5.2 million, a 50% chance of being a modest success and profiting $0.9

million, and a 45% chance of being a flop and breaking even. What is the expected earnings value of the CD?
Mathematics
1 answer:
Zinaida [17]3 years ago
3 0
The probability of profiting $5.2 million is 5% = 0.05

The probability of profiting $0.9 million is 50% = 0.5

The probability of breaking even, meaning no profit gain, is 45% = 0.45

Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million

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The number of eligible voters who cast ballots on election day is referred to as the:_____-.
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7 0
1 year ago
find the value of n in each equation. write what n represents in the related division problem 643=4×160+n
schepotkina [342]

Answer: n = 3; n represents a remainder in a division problem.


Explanation:


1) Finding n:


i) Given: 643 = 4 × 160 + n

ii) Do the operations: 643 = 640 + n

iii) Subraction property of the equality: 643 - 640 = n

iv)  Do the operations: 3 = n

Answer: n 3


2) Meaning of n


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3 0
3 years ago
A survey was taken of a random sampling of residents of New York City and Los Angeles to compare how many of them own a car. A 4
erma4kov [3.2K]

Answer:

The correct option is;

There is a greater percentage of LA residents who own a car than NYC residents who do

Step-by-step explanation:

The values are presented as follows;

LA residents who own a car = 3251

NYC residents who own a car = 1478

Total residents who own a car = 4729

LA residents who do not own a car = 869

NYC residents who do not own a car = 6182

Total residents who do not own a car = 7051

Total LA residents sampled = 4120

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Percentage of LA residents who own a car = (3251/4120)×100 = 78.9%

Percentage of NYC residents who own a car = (1478/7660)×100 = 19.3%

The total number of people in the poll who own a car = 4729

Therefore, the correct option is that there is a greater percentage of LA residents who own a car than NYC residents who do.

7 0
3 years ago
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