Let x be the probability of winning and let y be the probability of losing. Then we can write the following equation:
2x - y = -0.65 ..............(1)
the sum of the probabilities of winning and losing must equal 1.
x + y = 1............(2)
Rearranging (2), gives:
y = 1 - x ............(3)
Plugging the expression for y from (3) into (1), we get:
2x - 1 + x = -0.65
which simplifies to:
3x = 0.35
Therefore x = 0.117 and y = 0.883.
The expected value of the game will be a loss of 65 cents if the probability of winning is 0.117 and the probability of losing is 0.883.
The answer is -13.48 – 6.58í.
I mean bases on the question this is the right answer. If not, can you clarify.
Answer:
Watson's garden shop has the better deal on the lawn mower.
Hope this helped :)
Step-by-step explanation:
Watson's $130 - 50% = $65
Hartman's $130 - 40% = $78
$78 - 15% = About $66
We know that the population is declining at a rate of 14% per year.
The expression is:
N ( x ) = 206 * ( 0.86 ) ^ x
where x stays for years.
If we want to find the rate at which the population is declining per month we have to find:
![\sqrt[12]{0.86} = 0.9875](https://tex.z-dn.net/?f=%20%5Csqrt%5B12%5D%7B0.86%7D%20%3D%200.9875%20%20)
And 0.9875 ≈ 0.99
There are 12 months in a year so the exponent is: x/12
Answer:
b. ( .99 ) ^ x/12