For systems of equations try using graphing, substitution, and elimination. For example
{2x+7y=3}
{x=-4y}
You should first look at if you have a variable that can be substituted (using substitution) and in this case we do! you plug in the x into 2x meaning 2(-4y)+7y=3
1) distribute -8y+7y=3
2) combine like terms in this case -8y+7y= -1y
3) solve -1y=3
y=-3
so currently our solution is (0,-3)
now we solve for x.
we plug our solved variable (y) into 7y
7(-3) and our equation looks like this
2x+7(-3)=3
1) distribute 7(-3)=-21
2) rewrite then solve 2x+(-21)=3
3) isolate variable -21+21 & 3+21
4) 2x=24
5) solve 2/24 = 12
Meaning our solution is (12,-3)
This is how to solve by substitution.
Answer:
Expected Value = -$42 (loss of 42 dollars)
Step-by-step explanation:
Complete Question Below:
<em>"There is a 0.9986 probability that a randomly selected 33-year-old male lives through the year. A life insurance company charges $182 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $110 comma 000 as a death benefit. If a 33-year-old male purchases the policy, what is his expected value?"</em>
<em />
We can say P(survival) = 0.9986 and thus P(not survival) = 1 - P(survival) = 1-0.9986 = 0.0014
Also,
In case 33 year old doesn't live, the payment would be 100,000 - 182 = $99,818
And
In case 33 year old lives, the payment is
-$182
We know, the <em>expected value is the sum of the product of each possibility with its probability.</em>

This means a loss of $42 (or -$42)