Answer:
8.5x + 9x
Step-by-step explanation:
Please let me know if you want me to add an explanation as to why this is the answer. I can definitely do that, I just wouldn’t want to write it if you don’t want me to :)
The expected value of the outcome of the bid is $0.18
So let's start by counting how many bids are placed up to a total of 160.
100*160 = 16000.
What will be your arbitrary bid? As each bid has an equal chance of success, the average of all bids is used. (One cent plus 160 dollars) / 2 = 80 dollars (rounded)
Your odds of winning are 1/16000 (1 bid out of 16000).
If you win, your profit is 1920 ($2000 minus $80.00).
1920/16000 is $0.12
Your cost to enter the auction is $1, and your average winning offer is $0.12.
The result is $0.18 (0.12-1=-0.88).
Thus the expected value of the outcome of the bid is $0.18
Learn more about expected value here :
brainly.com/question/23509883
#SPJ1
Answer: 7
How many took 7.5 OR less. This means it includes the hikes that took 7.5 hours. Count all of the ones that start from 7.5 and lower
Answer:
Te correct answer is c) 0.750
Step-by-step explanation:
Lets call:
A = {Allan wins the election}
B = {Barnes wins the election}
MA = {the model predicts that Allan wins}
MB = {the model predicts Barnes wins}
We know that the model has a 50:50 chance of correctly predicting the election winner when there are two candidates. Then:
P(MA | A) = 0.5 = P(MA | B)
P(MB | B) = 0.5 = P(MB | A)
The prior probability P(A) given by the election researcher is 0.75
We must find the posterior probability P(A | MB)
We use Bayes theorem:
We used the result:
Answer:
8
Step-by-step explanation:
The shortest leg warmer:
4.5
The longest leg warmers:
6 and 6.5
6 + 6.5 = 12.5
12.5 - 4.5 = 8
