Answer: - 0.027
Step-by-step explanation:
Win = any even number between (0 - 36)
Therefore,
Lose = any odd number between 0 —36 including 0
Assume Bet amount = $1
Expected value is calculate by summing all possible outcomes by their respective probabilities.
Expected value = [(p(winning) × net win value) + (p(losing +net loss value]
P(winning) = p(even) = 18/37
P(losing) = p(odd) +p(0) = 19/37
Net win value = $2
Net loss value = $-1
Expected value = [(18/37) × ($1) + (19/37) × (-$1)]
Expected value = 0.48648648 - 0.51351351
Expected value = - 0.027
Answer:
64%
Step-by-step explanation:
.64 is equal to 64%
In order to convert move the decimal over two spaces and add a percent sign (%).
Move the decimal 0.64 to 64 and add percent sign 64%.
Answer:
Yes
Step-by-step explanation:
f(x)=3 x-2
y= 3 x-2
x= 3y - 2
3 y -2 = x
3 y -2 + 2 = x + 2
<u>3 y </u> = <u>x </u> + <u>2</u>
3 3 3
<u>3 y </u> = <u>x </u> + <u>2 </u>
3 3 3
y = <u>x </u> + <u>2 </u> replace y with f ^ -1(x)
<em> </em> 3 3
f ^-1 (x) = <u>x</u> + <u>2 </u>
3 3
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<span>C) The expected value is - $2,000, so the company should not proceed with the project.</span>
What the triangle format? what does it look like? it all depends.
