Answer:
Total possible number of outcomes = C(24,6) [24 choose 6]
=24!/(6!18!)
= 134596
Out of which there is only one winning combination.
Therefore we conclude:
P(win 20000)=1/134596
P(lose 1)=134595/134596
and hence the expected value is:
20000*(1/134596)+(-1)*(134595/134596)
=-114595/134596
=-0.8514 (rounded to four places after decimal)
Step-by-step explanation:
Hope this helped!
Answer:
C: 2
Step-by-step explanation:
Answer:
Step-by-step explanation:
Number Price per Total Commission Total cost
of Shares Share (At 6% of total)
100 $16.25 $1625 1625+97.5 = $1722.5
100 $11.31 $1131 1131+67.86=$1198.86
40 $9.15 $366 366+21.96=$387.96
100 $15.27 $1527 1527+91.62=$1618.62
100 $13.22 $1322 1322+79.32=$1401.32
All you have to do it do 60 - 35 = 25 dollars because they want to know if the original price would be 60 dollars and they wanna know the anwser if you took away 35 dollars. so then you just subtract
Answer:
this is my other accont
Step-by-step explanation: