Answer:
$0.558
Step-by-step explanation:
The expected value is the sum of the value of each outcome times the chance that it happens. In this case, there are two outcomes:
- Win $31 million
- Win $0
Then our expected value can be calculated as:

Answer:
y = 7
Step-by-step explanation:
3y+9 = 2y+16, subtract 9 from both sides, 3y = 2y + 7, then subtract 2y from both sides, y = 7, and that's the answer
Answer:
66%
Step-by-step explanation:
Given :
Age Percentile
75 97
65 90
55 78
45 58
35 37
25 13
20 66
To Find :The percentage of drivers who are younger than 20 is _____%.
Solution:
Refer the given table
The percentile corresponding to age 20 is 66.
Percentile : A data item is said to be in nth percentile of distribution if n% of the distribution are less than that particular data item.
So, drivers who are younger than 20 are said to be in 66 percentile if 66%of the distribution are less than that particular data item.
Hence The percentage of drivers who are younger than 20 is 66%.
Answer:
47
Step-by-step explanation: if you're add 6 and 7 you get 13 so just add all the numbers and you get the answer
Answer:
Return on equity (ROE) = profit margin × asset turnover × financial leverage
Step-by-step explanation:
Return on equity (ROE) = profit margin × asset turnover × financial leverage
Which can be written as:
ROE = (net income÷ sales) × (sales ÷ total assets) × (total asset ÷ average shareholder equity)