Answer:
-$13.5
Step-by-step explanation:
Let x be a random variable of a count of player gain.
- We are told that if the die shows 3, the player wins $45.
- there is a charge of $9 to play the game
If he wins, he gains; 45 - 9 = $36
If he looses, he has a net gain which is a loss = -$9
Thus, the x-values are; (36, -9)
Probability of getting a 3 which is a win is P(X) = 1/6 since there are 6 numbers on the dice and probability of getting any other number is P(X) = 5/6
Thus;
E(X) = Σ(x•P(X)) = (1/6)(36) + (5/6)(-9)
E(X) = (1/6)(36 - (5 × 9))
E(X) = (1/6)(36 - 45)
E(X) = -9/6 = -3/2
E(X) = -3/2
This represents -3/2 of $9 = -(3/2) × 9 = - 27/2 = -$13.5
the answer a is 6 and b is 2
Answer:
Step-by-step explanation:
In the Point-Slope Formula [<em>y</em> - <em>y</em>₁ = <em>m</em>(<em>x</em> - <em>x</em>₁)], all the negative symbols give the OPPOSITE terms of what they really are, so be EXTREMELY CAREFUL inserting the coordinates into the formula with their CORRECT SIGNS.
I am joyous to assist you anytime.
Answer:
40 Tickets
80 Tickets
Step-by-step explanation:
To find how many tickets it will take to break even, we use the formula:
Our variables are:
Fixed Cost = $200
Sales Price = $10
Variable Cost = $5
Let's plug in our values into the formula.
So the class needs to sell a total of 40 Tickets to break even.
Since we know that it takes 40 tickets to break even a $200 Fixed cost. To make a profit of $200, we simply multiply the number of tickets sold by 2.
Number of tickets for $200 profit = 40 x 2
Number of tickets for $200 profit = 80 Tickets.
So the class needs to sell 80 Tickets to make a $200 Profit.