We have the following given
p1 - probability for outcome 1
p2 - probability for outcome 2
p3 - probability for outcome 3
v1 - amount of money that you will win or lose for outcome 1
v2 - amount of money that you will win or lose for outcome 2
v3 - amount of money that you will win or lose for outcome 3
Therefore,
p1v1 + p2v2 + p3v3 is the average money you win or lose in playing the game.
Answer:
Step-by-step explanation:
I'm guessing A and J. Makes the most sense.
Answer:
$448
Step-by-step explanation:
Answer:
no rain today = 35%
Step-by-step explanation:
In probability, the Complement Rule states that the sum of the probability of an event and its complement must = 1
i.e
P( Event) + P (Complement) = 1
In this sense, we can think of the complement of an event as the "not-event". I.e the event does not happen.
In our case, the event = "rain today",
hence the complement will be = "not rain today" (i.e no rain today)
using the formula above, we are given that P(rain today) = 65% = 0.65
hence
0.65 + P(Complement) = 1
P(Complement) = 1 - 0.65 = 0.35 = 35%
2t<-4 divide both sides by 2
t<-2
...
7t>49 divide both sides by 7
t>7
So t=(-oo,-2) and t=(7,+oo)
t=(-oo,-2)U(7,+oo)