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Ray Of Light [21]
3 years ago
5

Jessie says to round 763,400 to the nearest ten thousand he will round to 770,000 Is he right ?

Mathematics
2 answers:
velikii [3]3 years ago
6 0
Yes, he is correct. because if it's 750,000 or more, than you round up. otherwise, you round down.
Ludmilka [50]3 years ago
4 0
Yes because 5 or more rounds up but 4 or less rounds down.
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The expected value  that  this broker assign to this stock's end-of-the-year price is $58.50.

Using this formula

Expected value=Stock worth at $50+ Stock worth at $60+ Stock worth at $70

Where:

Stock worth at $50=40% chance

Stock worth at $60=35% chance

Stock worth at $70=25% chance

Let plug in the formula

Expected value=(40%×$50)+($35%×$60)+($25%×$70)

Expected value=$20+$21+$17.5

Expected value=$58.50

Inconclusion the expected value  that  this broker assign to this stock's end-of-the-year price is $58.50.

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