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: I believe it's c.
Step-by-step explanation:
Using the <u>normal distribution and the central limit theorem</u>, it is found that there is a 0.0166 = 1.66% probability of a sample proportion of 0.59 or less.
In a normal distribution with mean
and standard deviation
, the z-score of a measure X is given by:
- It measures how many standard deviations the measure is from the mean.
- After finding the z-score, we look at the z-score table and find the p-value associated with this z-score, which is the percentile of X.
- By the Central Limit Theorem, the sampling distribution of sampling proportions of a proportion p in a sample of size n has mean
and standard error 
In this problem:
- 1,190 adults were asked, hence

- In fact 62% of all adults favor balancing the budget over cutting taxes, hence
.
The mean and the standard error are given by:


The probability of a sample proportion of 0.59 or less is the <u>p-value of Z when X = 0.59</u>, hence:

By the Central Limit Theorem



has a p-value of 0.0166.
0.0166 = 1.66% probability of a sample proportion of 0.59 or less.
You can learn more about the <u>normal distribution and the central limit theorem</u> at brainly.com/question/24663213
Answer:
12
Step-by-step explanation:
3 ÷ 1/4
Copy dot flip
Keep the first number, change the divide to multiply and take the reciprocal of the 2nd number
3 * 4/1
12