Answer:
$7562.50
Step-by-step explanation:
4700 (1.0825)^7-1
Answer:
a) E(y) = 0.8
b) The average subcharge is $165
Step-by-step explanation:
We are given the following distribution in the question:
y: 0 1 2 3
P(y): 0.50 0.25 0.20 0.05
a) E(y)

b) Expected value of subcharge
Subcharge =

Expected value of subcharge =

Thus, the average subcharge is $165
Since 4 is between 2 & 5 you input it into the middle equation.
x=4
so the answer is 4!
Answer:
Heyyy!!!!
The answer is 1.
Please read explanation it will definitely help you....
Step-by-step explanation:
Okay... Here it goes...
Basically, there is an exponent rule that says that anything to the power of 0 is 1.
I hope this helps!