Answer:
On average the carnival gain on each play
= 0.04 dollars
Step-by-step explanation:
Given that a pond contains 100 fish: 78 purple, 21 blue, and 1 silver.
Fish Purple Blue Silver total
Frequency 78 21 1 100
Prob 0.78 0.21 0.01 1
Revenue 0.4 0.8 13
game fee 0.65 0.65 0.65
Net revenue -0.25 0.15 12.35
Net Rev*Prob -0.195 0.0315 0.1235 -0.04
Thus we get per player expected net revenue is -0.04
This would be gain for Carnival
Hence On average the carnival gain on each play
= 0.04 dollars
There are 12 months in most years.
.. 23%/12 ≈ 1.91667%
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The answer shown in your picture is correct to 2 decimal places.
If you triple the ginger, to be able to keep proportion, you would need triple the nutmeg as well.
Answer:
the answer is 8,000
Step-by-step explanation: