Answer:
I cant see the whole question...
Answer:
The expected value of profit is -0.5125. This is expected loss as value is negative.
Step-by-step explanation:
We are given the following in the question:
P(winning) = 0.075
Thus,
P(Loosing) =

If we win we gain a profit of $5.50 and if we loose the lottery, we loose $1.
Thus, we can form the probability distribution in the following manner:
Event: Winning Loosing
Profit(x): +5.50 -1
P(x): 0.075 0.925
We have to calculate the expected value of the profit.

Thus, the expected value of profit is -0.5125. This is expected loss as value is negative.
Answer:
1/4 +m = 2/3
Step-by-step explanation:
Answer:
9 shirts
Step-by-step explanation:
12 - 6 = 6
6/2 = 3
3 times 3 = 9
2 evens is an positive
1 odd,1 even is a odd
2 odd is an ofd