Answer:
E(Y) = $0.5
Var(Y) = 14.25
you should pay the same amount $0.5
Step-by-step explanation:
E(Y) = = Σ(YP)
P = probability of each outcomes.
Var(Y) = Σ
p − (μ x μ)
E(Y) = (2 x 0.25) +(6 x 0.25) + (0.5 x (-3)) = $0.5
Var(Y) = (
x 0.25) + (
x 0.25) +(
x 0.5) - (
)
= 14.5 - 0.25
Var(Y) = 14.25
for the difference between the payoff and cost of playing to have mean 0, you should pay the same amount $0.5
I don’t know if this correct or not but I think it’s 1,666
ANSWER
D. 4 minutes 40 seconds
EXPLANATION
The given data set showing the number of seconds of each song the playlist is:
283,204,198,229,173,230,168,236,215,204
Let the length of the 11th song be x.
Because he wants the mean to be 3 minutes 40 seconds, which is equal to 220 seconds, we write and solve the following equation for x.
We convert 280 seconds to minutes.
The correct choice is D
Answer:
3 1/4
Step-by-step explanation:
