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11Alexandr11 [23.1K]
3 years ago
8

In February, Alec had 1,525 visitors to his website. In March, he had 1,385 visitors to his website. What is the percentage decr

ease of the number of visitors to Alec's website from February to March?

Mathematics
1 answer:
Helga [31]3 years ago
5 0
A proportion box can be used to solve this problem. First, we need to compute the difference or change in the original amount of visitors Alec had (in February) and the new amount of visitors (in March). 

1,525 - 1, 385 = 140

We place this amount (140) in the top left of our box, and we place the original amount (1,525) in the bottom left of our box. We are looking for the percentage decrease, so that box in the upper right will stay empty. The number 100 always goes in the bottom right of our percent proportion box. 

(The attached image will show an example of how to set this up). 

Our last step is to cross multiply and divide. 

140 x 100 = 14,000

14,000 ÷ 1,525 = 9.18

So, the percentage decrease of the number of visitors to Alec's website from February to March was 9.18%. 

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The inequality describes the range of monthly average temperatures T in degrees Fahrenheit at a certain location. Find an equiva
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The player expects to win on average about $1.54 per game.

The positive expected value means it's a good idea to play the game.

============================================================

Further Explanation:

Let's label the three scenarios like so

  • scenario A: selecting a black card
  • scenario B: selecting a red card that is less than 5
  • scenario C: selecting anything that doesn't fit with the previous scenarios

The probability of scenario A happening is 1/2 because half the cards are black. Or you can notice that there are 26 black cards (13 spade + 13 club) out of 52 total, so 26/52 = 1/2. The net pay off for scenario A is 2-1 = 1 dollar because we have to account for the price to play the game.

-----------------

Now onto scenario B.

The cards that are less than five are: {A, 2, 3, 4}. I'm considering aces to be smaller than 2. There are 2 sets of these values to account for the two red suits (hearts and diamonds), meaning there are 4*2 = 8 such cards out of 52 total. Then note that 8/52 = 2/13. The probability of winning $10 is 2/13. Though the net pay off here is 10-1 = 9 dollars to account for the cost to play the game.

So far the fractions we found for scenarios A and B were: 1/2 and 2/13

Let's get each fraction to the same denominator

  • 1/2 = 13/26
  • 2/13 = 4/26

Then add them up

13/26 + 4/26 = 17/26

Next, subtract the value from 1

1 - (17/26) = 26/26 - 17/26 = 9/26

The fraction 9/26 represents the chances of getting anything other than scenario A or scenario B. The net pay off here is -1 to indicate you lose one dollar.

-----------------------------------

Here's a table to organize everything so far

\begin{array}{|c|c|c|}\cline{1-3}\text{Scenario} & \text{Probability} & \text{Net Payoff}\\ \cline{1-3}\text{A} & 1/2 & 1\\ \cline{1-3}\text{B} & 2/13 & 9\\ \cline{1-3}\text{C} & 9/26 & -1\\ \cline{1-3}\end{array}

What we do from here is multiply each probability with the corresponding net payoff. I'll write the results in the fourth column as shown below

\begin{array}{|c|c|c|c|}\cline{1-4}\text{Scenario} & \text{Probability} & \text{Net Payoff} & \text{Probability * Payoff}\\ \cline{1-4}\text{A} & 1/2 & 1 & 1/2\\ \cline{1-4}\text{B} & 2/13 & 9 & 18/13\\ \cline{1-4}\text{C} & 9/26 & -1 & -9/26\\ \cline{1-4}\end{array}

Then we add up the results of that fourth column to compute the expected value.

(1/2) + (18/13) + (-9/26)

13/26 + 36/26 - 9/26

(13+36-9)/26

40/26

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If the expected value was negative, then the player would lose money on average and the game wouldn't be a good idea to play (though the card dealer would be happy).

Having an expected value of 0 would indicate a mathematically fair game, as no side gains money nor do they lose money on average.

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