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Lubov Fominskaja [6]
3 years ago
5

In a popular casino​ game, you can bet one whether a ball will fall in an arc on a wheel colored​ red, black, or green. Say the

probability of a red outcome is StartFraction 18/38 EndFraction 18/38​, that of a black outcome is StartFraction 18/ 38 EndFraction 18/38​, and that of a green outcome is StartFraction 2/38 EndFraction 2/38. Suppose someone makes a ​$20 bet on black. Find the expected net winnings for this single bet.
Mathematics
1 answer:
qaws [65]3 years ago
8 0

Answer:

The expected net winnings for the bet are -$1.0526

Step-by-step explanation:

P(x =+$20) = P(Black outcome) = 18/38

P(x =-$20) = P(red outcome) + P(green outcome)

= 18/38 + 2/38 = 20/38

Hence the probability distribution of x = $20 , P(x) = 18/38

x = -$20, P(x) = 20/38

Expected value of the random variable x is given by ;

miu = Summation [xP(x)] = 20(18/38) - 20( 20/38)

= -$1.0526

hence, the expected net winnings for the bet are -$1.0526

This implies that if a player bet on a very large number of games, the player would on the average lose $1.0526 per single bet

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tatyana61 [14]
40 students prefer vanilla. To get this answer you need to multiply 200 times 0.2 because you are trying to find 20%
4 0
3 years ago
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Please help me out solve it and tell me how you got that answer so I can understand please!
NikAS [45]

The solution for s in the given equation is s = C-nD

The question seems to be incomplete

Here is the complete question:

Solve for s in this equation D= \frac{C-s}{n}   Depreciation.

To solve for s, that means we should make s the subject of the equation

From the given equation,

D= \frac{C-s}{n}

To solve for s, first multiply both sides by n to clear the fraction

We get

n\times D= n \times \frac{C-s}{n}

Then,

nD = C - s

Now, add s to both sides

nD + s= C - s+s

nD+s = C

Then, subtract nD from both sides

nD-nD+s = C-nD

∴ s = C-nD

Hence, the solution for s in the given equation is s = C-nD

Learn more here: brainly.com/question/21406377

6 0
3 years ago
Given the probability distributions shown to the​ right, complete the following parts.
Elan Coil [88]

Answer:

a) Expected Value for distribution A, E(X) = 3.020

Expected Value for distribution B, E(X) = 0.980

b) Standard deviation of distribution A = 1.157

Standard deviation of distribution B = 1.157

c) In distribution A, the bigger values of x have a higher probability of occurring than the values of distribution B (whose smaller values of x have a higher chance of occurring, hence, the expected value for distribution A is more than that of distribution B.

But according to the corresponding distribution of values, the two distributions have the same exact spread, A in ascending order (with higher values with bigger probability) and B in descending order (lower values have higher probabilities). But the same spread regardless, hence, the standard deviation which shows how data values spread around the mean (centre point) of a distribution is the same for the two distributions.

Step-by-step explanation:

Expected values is given as

E(X) = Σ xᵢpᵢ

where xᵢ = each possible sample space

pᵢ = P(X=xᵢ) = probability of each sample space occurring.

Distributions A and B is given by

X P(X) X P(x)

0 0.04 0 0.47

1 0.09 1 0.25

2 0.15 2 0.15

3 0.25 3 0.09

4 0.47 4 0.04

For distribution A

E(X) = Σ xᵢpᵢ = (0×0.04) + (1×0.09) + (2×0.15) + (3×0.25) + (4×0.47) = 3.02

For distribution B

E(X) = Σ xᵢpᵢ = (0×0.47) + (1×0.25) + (2×0.15) + (3×0.09) + (4×0.04) = 0.98

b) Standard deviation = √(variance)

But Variance is given by

Variance = Var(X) = Σx²p − μ²

where μ = E(X)

For distribution A

Σx²p = (0²×0.04) + (1²×0.09) + (2²×0.15) + (3²×0.25) + (4²×0.47) = 10.46

Variance = Var(X) = 10.46 - 3.02² = 1.3396

Standard deviation = √(1.3396) = 1.157

For distribution B

Σx²p = (0²×0.47) + (1²×0.25) + (2²×0.15) + (3²×0.09) + (4²×0.04) = 2.30

Variance = Var(X) = 2.30 - 0.98² = 1.3396

Standard deviation = √(1.3396) = 1.157

c) In distribution A, the bigger values of x have a higher probability of occurring than the values of distribution B (whose smaller values of x have a higher chance of occurring, hence, the expected value for distribution A is more than that of distribution B.

But according to the corresponding distribution of values, the two distributions have the same exact spread, A in ascending order (with higher values with bigger probability) and B in descending order (lower values have higher probabilities). But the same spread regardless, hence, the standard deviation which shows how data values spread around the mean (centre point) of a distribution is the same for the two distributions.

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3 years ago
My answers were wrong please help
ValentinkaMS [17]

Answer:

from the top down

y=7

y=4

y=3

y=4

y=7

Step-by-step explanation:

y=(-2)²+3

y=4+3

y=7

y=(-1)²+3

y=1+3

y=4

y=0²+3

y=0+3

y=3

y=1²+3

y=1+3

y=4

y=2²+3

y=4+3

y=7

hope this helps :)

3 0
3 years ago
What number equals -4 and 2
lidiya [134]

Answer:

-4+2

= -2

Hope it helped!

8 0
4 years ago
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