Answer:
The expected value of profit is -0.5125. This is expected loss as value is negative.
Step-by-step explanation:
We are given the following in the question:
P(winning) = 0.075
Thus,
P(Loosing) =
If we win we gain a profit of $5.50 and if we loose the lottery, we loose $1.
Thus, we can form the probability distribution in the following manner:
Event: Winning Loosing
Profit(x): +5.50 -1
P(x): 0.075 0.925
We have to calculate the expected value of the profit.
Thus, the expected value of profit is -0.5125. This is expected loss as value is negative.
Answer: REE thats high school work
Step-by-step explanation:
The inequality is still true! If you add a number, say 5 to both sides of the following inequality, does anything change?
3 < 6
3 + 5 < 6 + 5
8 < 11
The inequality is still true. We know the statement holds for subtracting the same number because, in a way, addition and subtraction are pretty much the same operation. If I subtract 5 from both sides, I can think of it like "I add negative 5 to both sides" or something along those lines. It's kind of backwards thinking.
Answer:
∞
simple and correct answer, infinite!
✌️:)
Answer:
8 (see work)
14. 2x^2 -4x^2 +3
Step-by-step explanation:
There's attached work for explanation
