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Dennis_Churaev [7]
3 years ago
7

The first advertisement discussed in class states that the salespeople make an average of $1,000 per week. Suppose there are nin

e salespeople. What would the ninth person need to earn for the mean to be $1,000 if the other eight salespeople earned $550, $600, $600, $800, $950, $950, $1,000, and $1,100?
Mathematics
1 answer:
In-s [12.5K]3 years ago
6 0
All numbers added equal 6550
(6550+x)/9=1000
6550+x=9000
x=2450
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After the movie premiere 99 out of 130 people surveyed said they liked the movie. What is the experimental probability that the
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g: Consider the following game. A coin is flipped. If it lands tails we stop playing and winnothing. If it lands heads we spin a
galben [10]

Answer:

E[W] = $25 (assuming the currency is in dollars)

Var(W) = 1041.67

Step-by-step explanation:

Probability of winning first starts with the coin toss.

For a win, the coin needs to land on heads.

Probability of that = 1/2 = 0.5

Then probability of winning any amount = 1/100 = 0.01

Total probability of winning any amount = 0.5 × 0.01 = 0.005

But expected value is given by

E(X) = Σ xᵢpᵢ

where xᵢ is each amount that could be won

pᵢ is the probability of each amount to be won and it is the same for all the possible winnings = 0.005

So,

E(W) = Σ 0.005 xᵢ

Summing from 0 to 100 (0 indicating getting a tail from the coin toss). This could be done with dome faster with an integral sign

E(W) = ∫ 0.005 x dx

Integrating from 0 to 100

E(W) = [0.005 x²/2]¹⁰⁰₀

E(W) = [0.0025 x²]¹⁰⁰₀ = 0.0025(100² - 0²) = 0.0025 × 10000 = $25

Variance is given by

Variance = Var(X) = Σxᵢ²pᵢ − μ²

μ = expected value

We calculate the expression, Σxᵢ²pᵢ which is another sum from 0 to 100

Σxᵢ²pᵢ = Σ 0.005xᵢ²

Σ 0.005 xᵢ² = ∫ 0.005 x² dx

Integrating from 0 to 100

∫ 0.005 x² dx = [0.005 x³/3]¹⁰⁰₀ = [0.1667x³]¹⁰⁰₀ = 0.1667(100³ - 0³) = 1666.67

Var(W) = 1666.67 - 25² = 1666.67 - 625 = 1041.67.

5 0
3 years ago
Is 14/35 and 21/42 proportional
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