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Stolb23 [73]
4 years ago
7

A game involves tossing a biased coin that has a 60% probability of landing on heads. If a player wins $50 when heads appears, w

hat is the expected value of a player's winnings?
Mathematics
1 answer:
Alenkasestr [34]4 years ago
3 0
Probability of winning = 0.6 , Probability losing = 1-0.6 = 0.4

Expected value = 50(0.6) - 1(0.4)  =  $29.6

The interpreation of this is that if you play many times you would expect a profit of $29.6.
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Answer:

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Step-by-step explanation:

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3 years ago
Find the common difference of the arithmetic sequence -6, 2, 10
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Step-by-step explanation:

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3 years ago
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wlad13 [49]

Answer:

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Step-by-step explanation:

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6 0
3 years ago
Read 2 more answers
Deandre's goal is to find a job that provides an income of at least $75,000 a year. Ashley's Furniture offers him a job paying a
alekssr [168]

Answer:

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Step-by-step explanation:

Deandre's salary will be ...

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He wants that to be at least 75000, so the sales must meet the requirement ...

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He will need to have at least $1,050,000 in total sales to have a yearly income at least $75,000.

3 0
3 years ago
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Answer:

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Step-by-step explanation:

8 0
3 years ago
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