Answer:
The expected value is $3.95
Step-by-step explanation:
Here, we want to get the expected value
Mathematically, what we have to do here is to multiply each of the probabilities by the pay out value, before we proceed to add up
We have this as;
0(0.5) + 0.2(5) + 0.15(8) + 10(0.1) + 15(0.05)
= 0 + 1 + 1.2 + 1 + 0.75 = 3.95
I wanna say 1/81 because that is the smallest probability that those 2 number will get picked in that order
<em>Look</em><em> </em><em>at</em><em> </em><em>the</em><em> </em><em>attached</em><em> </em><em>picture</em>
<em>H</em><em>ope</em><em> </em><em>it</em><em> </em><em>will</em><em> </em><em>help</em><em> </em><em>you</em><em>.</em><em>.</em><em>.</em>
<em>G</em><em>ood</em><em> </em><em>luck</em><em> </em><em>on</em><em> </em><em>your</em><em> </em><em>assignment</em>
<em>~</em><em>p</em><em>r</em><em>a</em><em>g</em><em>y</em><em>a</em>
The lower end of the range is
42.670 - 0.002 = 42.668 mm
The upper end of the range is
42.670 + 0.002 = 42.672 mm
The range of acceptable values is 42.668 mm to 42.672 mm.
Answer:
A) is <
b) is =
c) is <
Step-by-step explanation:
