Answer:
See explanation
Step-by-step explanation:
<h3 /><h3>Step 1</h3>
Miguel wins $2 is if he pulls two chips with the number 1.
<u>Probability of winning is:
</u>
- 2/4 * 1/3 = 1/6 as there are 4 chips in total
<u>
Probability of loosing is:</u>
<h3 /><h3>Step 2</h3>
<u>Missing values we found in the step 1, can be populated in the table:</u>
- Xi === 2 === -1
- P(Xi) === 1/6 === 5/6
<u>Expected Value as per table data:</u>
Expected value is $1/2 loss each time he plays
<h3 /><h3>Step 3</h3>
To make the game fair, the expected value should be zero.
<u>Then as per the calculation above, let's replace 2, with x, and find its value.</u>
- 1/6x + 5/6*(-1) = 0
- 1/6x = 5/6
- x= 5
So the amount should be $5 to make the game fair.
Hi!!!! I think the answer is B or D! Have a nice day!!
Answer:
3.42857143
Step-by-step explanation:
Answer:
The first one is proportional and the second one is not. Because for the first one you can see that if you divide the number of pens by the cost you'll get the same answer for every single one. But for the second one if you divide the number of minutes by words typed you get a different answer for each one. You can also see if it's proportional or not if you draw it on the graph and it's a straight line. If it is the relationship is proportional if it isn't it's not proportional. Hope that makes sense :)
