Answer:
C. 0.5
Step-by-step explanation:
Since a coin has 2 sides and there is the same probability of getting either side, then each side has a 50% or 0.5 probability. Therefore, in order to calculate the expected value of one coin flip we need to multiply the value of each side by its probability and add those values together like so...
1 * 0.5 = 0.5
0 * 0.5 = 0
Now we add these values together...
0.5 + 0 = 0.5
Finally, we can see that the expected value of one coin flip is 0.5
Answer:
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Step-by-step explanation:
1) At 95% Confidence interval the critical value is z0.025= 1.96 Margin of error = 0.02 Or, z0.025* sqrt(p(1 - p)/n) = 0.02 Or, 1.96 * sqr
Answer:
$4.50
Step-by-step explanation:
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