Jordan enters 3.4 x6.8 into his calculator. He writes the digits 2312 from the display and forgets the decimal point. Where shou
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Answer:
The expectation of the policy until the person reaches 61 is of -$4.
Step-by-step explanation:
We have these following probabilities:
0.954 probability of a loss of $50.
1 - 0.954 = 0.046 probability of "earning" 1000 - 50 = $950.
Find the expectation of the policy until the person reaches 61.
Each outcome multiplied by it's probability, so:
The expectation of the policy until the person reaches 61 is of -$4.
Answer:
Jaylon has completed 12 problems.
Step-by-step explanation:
(This is how I learned it- I'm not sure if you have been taught this way..)
Step 1. Set up a proportion
Step 2. Do 200x 60 to get 1200
Step 3. Get this equation
Step 4. Get the answer of 12
I hope this helps! :)