Answer:
You are expected to lose $0.05 (or win -$0.05)
Step-by-step explanation:
Since the roulette wheel has the numbers 1 through 36, 0, and 00, there are 38 possible outcomes.
In this bet, you are allowed to pick 3 out of the 38 numbers. Thus, your chances of winning (P(W)) and losing (P(L)) are:

The expected value of the bet is given by the sum of the product of each outcome pay by its probability. Winning the bet means winning $11 while losing the bet means losing $1. The expected value is:

Therefore, with a $1 bet, you are expected to lose roughly $0.05
Answer:
confidence interval = ( -0.38 , 0.08 )
Step-by-step explanation:
Given data :
n1 = 55 , n2 = 60 ,
Let P1 ( proportion of SUV sales at store A ) = 30 / 55 = 0.55
P2 ( sample proportion of SUV sales at store B ) = 42/60 = 0.70
The Z-value at 99% confidence Interval = 2.58
<u>Determine the 99% confidence interval for difference in proportion</u>
applying the formula below
( P1 - P2 ) ± Z ( 
Input values above into equation
confidence interval = ( -0.38 , 0.08 )
Lines are neither perpendicular nor parallel.
Step-by-step explanation:
Step 1:
In equation 1, Y = 5X + 7
In equation 2, Y = -2X -5
Step 2:
Slope Intercept form Y =mX +c
Where m = Slope
Slope of line 1 = 5
Slope of line 2 = -2
m1 is not equal to m2. Hence it is not parallel.
m1 × m2 is not equal to -1. Hence they are not perpendicular.