Answer:
$270
Step-by-step explanation:
Multiply 1000 by .03 or 3%. Then mulrioly that number by 9 because it is that amoint of interest for nine months.
The expected value per game is -0.26. Over 1000 games, you can expect to lose $263.16.
To find the expected value, we multiply the probability of winning by the amount of winnings, the probability of losing by the amount of loss, and adding those together.
We have a 1/38 chance of winning; 1/38(175) = $4.61. We also have a 37/38 chance of losing; 37/38(5) = $4.87.
$4.61-$4.87 = -$0.26 (rounded)
To five decimal places, our answer is -0.26136; multiplied by 1000 games, this is $261.36 lost.
Answer:
The 99% confidence interval would be given by (0.286;0.562)
Step-by-step explanation:
Information given:
represent the families owned at least one DVD player
represent the total number of families
represent the estimated proportion of families owned at least one DVD player
In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 99% of confidence, our significance level would be given by
and
. And the critical value would be given by:
The confidence interval for the mean is given by the following formula:
If we replace the values obtained we got:
The 99% confidence interval would be given by (0.286;0.562)
Answer:
y=-|x+1|+1
Step-by-step explanation:
It's an absolute value function vertically flipped and shifted 1 unit to the left, 1 unit to the the top.
1 kilometer = 1000 meters so 12 kilometers = 12000 meters
10 laps (400 meters/lap) = 4000 meters
12000/4000 = 3
Answer: 3 days