Answer: The question is incomplete
Step-by-step explanation: The answer to this question cannot be determined correctly since an important detail is missing.
However, let me explain how you would normally go about it by using an example of mine. If for example the ratio of yes votes to no votes was 8 to 5, and the question requires you to calculate how many yes votes were there as indicated in your question, then the first step would be to find the total number of both sides of the ratio. That is add 8 to 5 which gives you 13. This means if there was a total of 13 votes cast, every yes vote stands for 8 out of 13 votes and every no vote stands for 5 out of 13 votes.
To express it mathematically, every yes vote would be 8/13 of the total (12779) and every no vote would be 5/13 of the total (12779).
Therefore to determine how many yes votes there was, is calculated as follows;
Let yes votes be y and no votes be x'
y = (8/13) * 12779
y = 102232/13
y = 7864
<em>Based on my example that the ratio of yes votes to no votes is 8 to 5, </em>
Then the number of yes votes was 7,864.
Answer:
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Step-by-step explanation:
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Answer:
HAVE VERY MUCH FUN
Step-by-step explanation:
Expected value of the bet is
the sum of the products of value of outcome and its probability,
less the amount paid to place the bet.
Outcomes value probability
win 225 1/4
lose 0 3/4
cost of bet = 40
So expected value of bet
E[X]=225*(1/4)+0*(3/4)-40
=56.25-40
=16.25
This means that in the long run, gambler will win, since the expected value is positive. (does NOT mean she will win in the next bet!)
Answer:
Please see attached picture for full solution.
