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.
First of all not to be rude, but it is order of operations not properties of operations. Second, you can solve equations by going in the order of PEMDAS or Parentheses, Exponents, Multiplication, division, addition, and subtraction. Multiplication and division are switchable, addition and subtraction. If you do not follow this order you get the equation or inequality wrong.
Answer:
Single Solution of 3.2 (16/5)
Step-by-step explanation:
3x = 8x -16 <--- I combine like terms.
-5x = -16
-16/-5 = x
x = 3.2
BTW Negative times a Negative equals a positive.
Answer:
-0.53571428571
Step-by-step explanation: