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salantis [7]
2 years ago
9

A coffee franchise is opening a new store. The company estimates that there is a 70% chance the store will have a profit of $50,

000, a 5% chance the store will break even, and a 25% chance the store will lose $3,500. Determine the expected gain or lose for this store.
Mathematics
1 answer:
aivan3 [116]2 years ago
8 0

Step-by-step explanation:

The expected value is the sum of each outcome times its probability.

E = (0.70)(50000) + (0.05)(0) + (0.25)(-3500)

E = 34125

The store is expected to gain $34,125.

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Find a8 when a1 = 40,000, r = 0.1
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Answer:

a8 = 0.004

Step-by-step explanation:

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3 years ago
Read 2 more answers
Select the statements that are true based on the following given information. D = {x | x is a whole number} E = {x | x is a perf
likoan [24]
<h3>2 Answers: Choice C and Choice D</h3>

==========================================================

Explanation:

Let's write the roster notation of each set

D = {0, 1, 2, 3, ...} the dots indicate the pattern goes on forever

E = {0, 1, 4, 9, 16, 25} = list of perfect squares smaller than 36

F = {20, 22, 24, 26, 28, 30} = even numbers between 20 and 30

----------------

If we intersect sets D and E, we're looking for what numbers are in both sets at the same time. Therefore, D ∩ E = {0, 1, 4, 9, 16, 25} which is the exact same as set E. This is because all of set E is inside of set D. We say that set E is a subset of set D. So, D ∩ E = E.

Choice A is very close to being true. The problem is that 25 is missing from the set {1,4,9,16}. So this is why choice A is false.

----------------

Now let's intersect sets D and F. The numbers they have in common are {20, 22, 24, 26, 28, 30} which is exactly what set F is. So set F is a subset of set D. We can write D ∩ F = F in much the same way we can say D ∩ E = E.

D ∩ F = {12,14,16,18} is not true. A number like 12 is not between 20 and 30, so it cannot be in set F.

Choice B is false so we cross it off the list.

----------------

Choice C is true and here's why

D ∪ (E ∩ F) is the same as saying D ∪ G where G is the set of intersecting E and F together. In other words, G = E ∩ F

We don't really need to even worry about sets E, F or G. All that matters here is set D.

When we write D ∪ (E ∩ F) or D ∪ G, we're saying "a number is in set D, or it is in set G". If it is in D, then it's a whole number. Otherwise, it's in a subset of whole numbers.

Overall, D ∪ G and D ∪ (E ∩ F) form the entire set of whole numbers.

------------------

Choice D is true.

E and F have nothing in common

E = {0, 1, 4, 9, 16, 25}

F = {20, 22, 24, 26, 28, 30}

So intersecting them leads to the empty set. This is the set with nothing inside it, not even 0.

------------------

Choice F is false

These two sets below

E = {0, 1, 4, 9, 16, 25}

F = {20, 22, 24, 26, 28, 30}

union together to get

H = {0,1,4,9,16,20,22,24,25,26,28,30}

just toss all of the numbers together into one big set

Notice how each of these numbers are whole numbers, so they are part of set D. This means set H is also a subset of set D.

When we intersect sets D and H, we end up with set H. We do not simply end up with the set with 25 only inside it.

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