Answer: - 0.027
Step-by-step explanation:
Win = any even number between (0 - 36)
Therefore,
Lose = any odd number between 0 —36 including 0
Assume Bet amount = $1
Expected value is calculate by summing all possible outcomes by their respective probabilities.
Expected value = [(p(winning) × net win value) + (p(losing +net loss value]
P(winning) = p(even) = 18/37
P(losing) = p(odd) +p(0) = 19/37
Net win value = $2
Net loss value = $-1
Expected value = [(18/37) × ($1) + (19/37) × (-$1)]
Expected value = 0.48648648 - 0.51351351
Expected value = - 0.027
Answer:
Some 224 people were in favor of the expansion.
Step-by-step explanation:
Given that, according to the recent poll, 22 1/4% of the people polled said that they approved of the city plan to expand the library, if 1004 people was polled, to determine how many were in favor of the expansion should be done the following calculation:
1/4 = 0.25
100 = 1004
22.25 = X
1004 x 22.25 / 100 = X
223.39 = X
Thus, some 224 people were in favor of the expansion.
Your answer is 62.5. Hope i helped
Answer:b and c
Step-by-step explanation:
