Answer:
E(Y) = $0.5
Var(Y) = 14.25
you should pay the same amount $0.5
Step-by-step explanation:
E(Y) = = Σ(YP)
P = probability of each outcomes.
Var(Y) = Σ
p − (μ x μ)
E(Y) = (2 x 0.25) +(6 x 0.25) + (0.5 x (-3)) = $0.5
Var(Y) = (
x 0.25) + (
x 0.25) +(
x 0.5) - (
)
= 14.5 - 0.25
Var(Y) = 14.25
for the difference between the payoff and cost of playing to have mean 0, you should pay the same amount $0.5
Well, first off, to solve for this, we can write the expression and then solve from there.
Expression: 8x + 3 = 29
So, now that we have our expression, we can solve for our missing number using the balancing method.
8x + 3 = 29
8x + 3 - 3 = 29 - 3 (we subtracted the three because we needed to get rid of the three on the left side of the equation do now we are just left with 8x = 26.
8x = 26
8x/8 = 26/8. (So, the 8 on the left side cancels out and we are just left with X.
X = 26/8
X = 13/4
X = 3 and 1/4
So, in conclusion, the answer to this question is: X = 3 and 1/4 as a mixed number or 13/4 as an improper fraction.
Glad I could help!
Y=7/5+6.8
I believe it can a little more than 6.8 but either way this is correct
F(x) = 300(1-.06)^5
f(x) = 300(.7339040224...)
f(x) = 220.17120672
After 5 years, the club should still have 220 members.
19.4 divided by 2, to find the radius. Then square it, and then multiply it by pi. Which gives you A as the answer
