Answer:
-4 1/12.
Step-by-step explanation:
-9/2 + 5 /12
The Lowest Common denominator is 12 so we have:
-54/12 + 5/12
= -49/12
= -4 1/12.
Using the binomial distribution, it is found that the expected values are given by:
a) 120.
b) 150.
<h3>What is the binomial probability distribution?</h3>
It is the probability of <u>exactly x successes on n repeated trials, with p probability</u> of a success on each trial.
The expected value of the binomial distribution is:
E(X) = np
In this problem, for both items, we consider that the number cube is rolled 180 times, hence n = 180.
Item a:
4 of the 6 possible values are greater than 2, hence p = 4/6 = 2/3.
The expected value is given by:
E(X) = 180 x 2/3 = 120.
Item b:
5 of the 6 values are less than 6, hence p = 5/6.
The expected value is given by:
E(X) = 180 x 5/6 = 150.
More can be learned about the binomial distribution at brainly.com/question/24863377
Answer:
6 quarters and 9 nickels
Step-by-step explanation:
6 quarters is equal to $1.50. 6 nickels is equal to $0.30. Those together equal $1.80, then add the three nickels bringing your total to $1.95.
Answer:
The expected value of the safe bet equal $0
Step-by-step explanation:
If
is a finite numeric sample space and
for k=1, 2,..., n
is its probability distribution, then the expected value of the distribution is defined as
What is the expected value of the safe bet?
In the safe bet we have only two possible outcomes: head or tail. Woodrow wins $100 with head and “wins” $-100 with tail So the sample space of incomes in one bet is
S = {100,-100}
Since the coin is supposed to be fair,
P(X=100)=0.5
P(X=-100)=0.5
and the expected value is
E(X) = 100*0.5 - 100*0.5 = 0
