The seamstress is paid A. $147.19 for that week
Answer:
what? I am so confused. How you worded it is confusing
Step-by-step explanation:
Answer:
The expected value of profit is -0.5125. This is expected loss as value is negative.
Step-by-step explanation:
We are given the following in the question:
P(winning) = 0.075
Thus,
P(Loosing) =

If we win we gain a profit of $5.50 and if we loose the lottery, we loose $1.
Thus, we can form the probability distribution in the following manner:
Event: Winning Loosing
Profit(x): +5.50 -1
P(x): 0.075 0.925
We have to calculate the expected value of the profit.

Thus, the expected value of profit is -0.5125. This is expected loss as value is negative.
(-2)(-11)=22
the negatives cancel out
Answer:
8.j 9.b 10.f 11.a
Step-by-step explanation:
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