Answer:
0.274714403
Step by step explanation:
Answer:
348000
Step-by-step explanation:
The place you want to round to is the thousands place. The place to the right of that is the hundreds place. If the digit in the hundreds place is 5 or more (and it is), then the rounded number will have 1 added to its thousands digit.
After making that adjustment (if necessary), all digits to the right (hundreds, tens, ones, and so on) will be set to zero.
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<em>Comment on rounding</em>
Various rounding schemes are in use. The one described above is the one usually taught in school. In real life, it has the disadvantage that it can add a bias to a set of numbers, making their total come out higher than desired. In order to counter that, a "round to even" rule is sometimes used.
In this problem, that would mean the thousands digit would only be changed on the condition it would be changed to an even digit. (Here, that rule would give the same result. The number 346500 would be rounded down to 346000, for example.)
Various spreadsheets and computer programs implement different rounding schemes, depending on the application and the amount of bias that is tolerable. So, you may run across one that seems to be "wrong" according to what you learned in school.
Answer:
The expected value for the insurance company is $200
Step-by-step explanation:
In order to calculate the expected value for the insurance company we would have to make the following calculation:
expected value for the insurance company=expected value live+expected value die
expected value live=Net gain*probability of living
expected value live=$300*0.999=$299.70
expected value die=Net gain*probability of die
expected value die=(-$100,000 + $300)*0.001
expected value die=$-99.70
Therefore, expected value for the insurance company=$299.70-$99.70
expected value for the insurance company=$200
The expected value for the insurance company is $200
First find the lbs per serving for the 25 servings. We do that by dividing 6 pounds by 25 serving. 6/25 = .24 lbs per serving. Now we need to times .24 by 30 to find out how many pounds of ground beef for 30 servings.
.24 times 30 = 7.2 lbs for 30 servings
.41, just move the decimal over 2 places when there is a percentage
