Answer:
49% of 49 is 24.01
Step-by-step explanation:
Answer:
2ft^3
Step-by-step explanation:
Volume= L× W× H


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The expected value of the outcome of the bid is $0.18
So let's start by counting how many bids are placed up to a total of 160.
100*160 = 16000.
What will be your arbitrary bid? As each bid has an equal chance of success, the average of all bids is used. (One cent plus 160 dollars) / 2 = 80 dollars (rounded)
Your odds of winning are 1/16000 (1 bid out of 16000).
If you win, your profit is 1920 ($2000 minus $80.00).
1920/16000 is $0.12
Your cost to enter the auction is $1, and your average winning offer is $0.12.
The result is $0.18 (0.12-1=-0.88).
Thus the expected value of the outcome of the bid is $0.18
Learn more about expected value here :
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Graph the absolute value by using the vertex and a few selected points
Point One: X= -1, Y= -8
Point Two: X= 0, Y= -2
Point Three: X= 1, Y= 4
Point Four: X= 2, Y= -2
Point Five: X= 3, Y= -8
The graph should look something like a mountain or an upside down V