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:
$0.96
Step-by-step explanation:
To find the unit price is to find the price of 1 meter.
9m = $8.64
1 m = 8.64 ÷ 9 = $0.96
so this is how i was taught the inverse function. f(x) is basicly the same thing as saying y
so y=x over x+3
you switch the top x with y so it turns in to x=y over x+3
the problem should tell you what x equals so substitute x with the number it equals and then solve
here is an example f(x)=x over x+3 and x=14
x=y over x+3
14=y over 14+3
the inverse inverse function would probably be just solve the equation so just substitute the number they give you for x in for x
Answer:
The percentage of people should be seen by the doctor between 13 and
17 minutes is 68% ⇒ 2nd term
Step-by-step explanation:
* Lets explain how to solve the problem
- Wait times at a doctor's office are typically 15 minutes, with a standard
deviation of 2 minutes
- We want to find the percentage of people should be seen by the
doctor between 13 and 17 minutes
* To find the percentage we will find z-score
∵ The rule the z-score is z = (x - μ)/σ , where
# x is the score
# μ is the mean
# σ is the standard deviation
∵ The mean is 15 minutes and standard deviation is 2 minutes
∴ μ = 15 , σ = 2
∵ The people should be seen by the doctor between 13 and
17 minutes
∵ x = 13 and 17
∴ z = 
∴ z = 
- Lets use the standard normal distribution table
∵ P(z > -1) = 0.15866
∵ P(z < 1) = 0.84134
∴ P(-1 < z < 1) = 0.84134 - 0.15866 = 0.68268 ≅ 0.68
∵ P(13 < x < 17) = P(-1 < z < 1)
∴ P(13 < x < 17) = 0.68 × 100% = 68%
* The percentage of people should be seen by the doctor between
13 and 17 minutes is 68%