Answer:
16
Step-by-step explanation:
Number of attires Clara has initially = x
lends half her collection of formal attires to her sister
Attires remaining after lending = Number of attires Clara has initially - attires she lent her sister
= x - 1/2x
= 1/2x
Clara then buys four more attires
= 1/2x + 4
If she has 12 attires now
12 = 1/2x + 4
12 - 4 = 1/2x
8 = 1/2x
x = 8 ÷ 1/2
= 8 × 2/1
= 16
x = 16
Number of attires Clara has initially = x = 16
Answer:
A statistical question is a question that can be answered by collecting data that vary. For example, “How old am I?” is not a statistical question, but “How old are the students in my school?” is a statistical question.
The closest ones are - B and E
Answer:
Step-by-step explanation:
An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20.
a) Let X represent the price of the option
<h3><u> x P(X=x)
</u></h3>
$1000 20/100 = 0.2
$200 50/100 = 0.5
$0 30/100 = 0.3
b) Expected option price

Therefore expected gain = $300 - $150 = $150
c) The trader should buy the stock. Since there is an positive expected gain($150) in trading that stock option.
Answer:
Otieno's age in 4 years: 
Kidole's age in 4 years: 
Step-by-step explanation:
= Otieno's age
= Kidole's age
Their ages will increase by 4 years when 4 years pass.
= Otieno's age in 4 years
= Kidole's age in 4 years
= Kidole's age in 4 years (after simplifying the expression)
I hope this helps!