4 (0.5f - 0.25) = 6 + f
2.0f - 1.0 = 6.0 + f
1.00f = 6.0 + f
f = -5.0
hope this is right,
~ Harley Quinn~
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 $0.5
Answer:
all work is shown and pictured
Answer:
240$
Step-by-step explanation:
we know that
The simple interest formula is equal to
I=P(rt)
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
Sandra
t = 1 year
I= $75
P= $2,500
r= ?
substitute in the formula above
75=2,500 (r(1))
solve for r
r=75/2,500)
r= 0.03
Convert to percentage form
r= 0.03 * 100 = 3%
Ron
t=1 year
I = ?
P= 8,000
r= 0.03
substitute in the formula of interest
I = 8,000(0.03 *1)
I = $240