Convert the percentage into a decimal
20% of 50 is 40
Answer:
2 dollars
Step-by-step explanation:
if 8 limes costs 2 dollars, then 4 limes cost 1 dollar
you purchased 12 limes so since you already know what 8 limes coms, you could subtract that
12-8=4
now you need to find out how much for 4 limes which would be half the price of 8 limes.. which should be 1 dollar
so $2.00+$1.00= $3.00
finally 5 dollars minus 3 would result in a change of 2 dollars
Answer:
Expected value E = $0.45
Step-by-step explanation:
Expected value E = P×w - P'×l
Where;
P = probability of making the next 2 throw.
P = 223/406 × 223/406 = 0.3017
P' = probability of not making a throw.
P' = 1 - P = 1 - 0.3017
P' = 0.6983
w = expected win = $20
l = Expected loss = $8
Substituting the values;
E = 0.3017 × $20 - 0.6983 × $8
E = $0.4476
Expected value E = $0.45
