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.
Answer:
The rectangular form of
is
.
Answer:
i cant entirely see the image well, but the<u> y intercept</u> should be the line that passes through the line on the graph that goes <u>up and down</u>
<u>Step-by-step explanation:</u>
i hope this helps :))
1679/7
=239.85...
Rounds to 240
So average rate is 240
Answer:
D Numbers that can be written as fractions
Step-by-step explanation:
A <em>rational</em> number is one that can be written as a <em>ratio</em>: a fraction with integer numerator and denominator.
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The term "decimal" as used here is sufficiently non-specific that we cannot seriously consider it to be part of a suitable answer. A terminating or repeating decimal will be a rational number. A non-terminating, non-repeating decimal will not be a rational number.
While integers and whole numbers are included in the set of rational numbers, by themselves, they do not constitute the best description of the set of rational numbers.