Answer:
-$2.63
Step-by-step explanation:
Calculation for the expected profit for one spin of the roulette wheel with this bet
Based on the information given you bet $50 on 00 while the standard roulette has 38 possible outcomes which means that the probability or likelihood of getting 00 will be 1/38.
Therefore when we get an 00, we would get the amount of $1,750 with a probability of 1/38 and in a situation where were we get something other than 00 this means we would lose $50 with a probability of 37/38.
Now let find the Expected profit using this formula
Expected profit = sum(probability*value) -sum(probability*value)
Let plug in the formula
Expected profit =($1,750 * 1/38) - ($50 * 37/38)
Expected profit=($1,750*0.026315)-($50×0.973684)
Expected profit= 46.05 - 48.68
Expected profit = - $2.63
Therefore the expected profit for one spin of the roulette wheel with this bet will be -$2.63
Answer is 33 remaining chocolate cupcakes and 22 remaining vanilla cupcakes.
Answer: 27.12
Step-by-step explanation:
32.01
-5.89
27.12
Answer:
62 pages
Step-by-step explanation:
The total cost function is given as below:
C= 0.06p + 12.75
C=total cost for printing= $16.47
0.06= variable printing cost per page
p=number of pages prinited=the unknown
12.75=monthly fixed printing cost
16.47=0.06p+12.75
16.47-12.75=0.06p
3.72=0.06p
0.06p=3.72
p=3.72/0.06
p=62 pages
it is 20 the answer isnt included.
