Answer:
Your annual expected value is -$550.
Step-by-step explanation:
0.002 probability that you will total your car.
If you total your car, you pay the insurance of $600, but you get the $25,000 insurance. So in total, the net value will be $24,400.
1-0.002 = 0.998 probability that you will not total your car.
In this case, you lose $600.
What is your annual expected value?
Multiply each net value by it's probability.
E = 0.002*24400 - 0.998*600 = -550
Your annual expected value is -$550.
Answer:
<u>Jeanette’s ticket was less than the original price by 12 percent</u>
Step-by-step explanation:
1. Let's calculate the 20% discount price Jeanette received:
75 - 0.2 * 75 = 75 - 15 = $ 60
The discounted price is $ 60
2. Let's calculate the 10% service fee to the discounted price:
60 + 0.1 * 60 = 60 + 6 = $ 66
The price including the service fee is $ 66
3. Finally, let's calculate the less percentage than the original price:
Let's use the Direct Rule of Three, this way:
Price Percentage
75 100
66 x
**************************
75x = 66 * 100
75x = 6,600
x = 6,600/75
x = 88
Less percentage = 100 - 88 = 12%
<u>Jeanette’s ticket was less than the original price by 12 percent</u>
Answer:<UKR
Step-by-step explanation:
Answer:
the gradient is 3
y- intercept is 4
Step-by-step explanation:
when you're asked the gradient, you can find it as a coefficient of"x" in equation where the coefficient of "y" is one.
y=mx+b
m=> gradient
b=> y- intercept
Well it's a dare so I guess I'll do it.
