Step-by-step explanation:
Data organization refers to the method of classifying and organizing sets of data to make them more useful. Analysis is a detailed examination of something. It is what you do with the data you collected. Based on this, we can say that
In the first digit, there are 6 possibilities. In the second, there are 5, because you can't use the digit you used before. In the third, there are 4, and in the fourth, there are 3. So,
6*5*4*3=360
There are 360 different possible four-digit numbers
Answer:
you should accept the $1,000 bill
Step-by-step explanation:
Given the information:
- $500 for rolling 1 or 2
- $400 for rolling 3
- lose $300 for rolling 4,5,6
P (rolling 1 or 2) = 1/6 + 1/6 = 2/6 = 1/3
P (rolling a 3) = 1/6
P (rolling 4 or 5 or 6) = 3/6 = 1/2
Hence, the expected value for 1 time is:
E = (1/3)*500 + (1/6)*400 - (1/2)*300
E = $166 + $66 - $150
E = $82
Expected value is linear so if you roll the die 10 times, expected value is: 10*82 = $820
The expected value is $82, meaning you should accept the $1,000 bill
Answer:

Step-by-step explanation:
Given: 
We need to completely isolate
to solve.






Finally, multiply both sides by -2 to completely isolate
.


Explanation:
Since we have given that
The prices of three t-shirts styles i.e $24, $30, $36 with their probability is given by

As we know that,


Now,

and

So,

So, the expected value of a t-shirt = $31.