<u>Given</u>:
Given that in a game a player draws and replaces a card from a deck 2 times.
The possible outcomes and payouts are given.
We need to determine the expected value for someone playing the game.
<u>Expected value:</u>
The expected value for someone playing the game can be determined by
Simplifying the values, we have;
Dividing the terms, we get;
Adding, we have;
Thus, the expected value for someone playing the game is $8
The amount of profit the spirit club make on each shirt sold at the end of the year is = $2
<h3>Calculation of profit</h3>
The quantity of shirt bought by the club = $8 per shirt
At the end of the year they sold the shirts at discount of %25 each.
That is 25/100 × 8
= 200/100
= $2
Therefore, they made profit of $2 for each shirt they sold at the end of the year.
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5. . 1
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6. . 2
5. . 3
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6. . 6
5-3
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6
2
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6
= 1/3
B
Answer:
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Step-by-step explanation:
Answer:
The answer is A
Step-by-step explanation:
