Answer:
C.E.: x <em>=/=</em> -4
Step-by-step explanation:
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
Answer:
3
Step-by-step explanation:
4(x + 1) + 8 = 24
Subtract 8 from each side
4(x + 1) + 8-8 = 24-8
4(x + 1) = 16
Divide by 4
4(x+1)/4 = 16/4
x+1 = 4
Subtract 1
x+1-1 = 4-1
x=3
Answer:
b. (2, 5, 3)
Step-by-step explanation:
Trying the offered choices seems the fastest way to find the answer. The second choice works in all equations, hence is the solution.
Another strategy you can use is to see if the equations are dependent. Here, it looks like adding twice the third equation to the other two eliminates at least the x- and y-variables. If that eliminates z, then there are infinite solutions. Instead, it gives the equation ...
7z = 21
z = 3 . . . . . divide by 7
This answer is consistent with choice B, confirming that answer and eliminating the other choices.
