Answer:
You are expected to lose $0.05 (or win -$0.05)
Step-by-step explanation:
Since the roulette wheel has the numbers 1 through 36, 0, and 00, there are 38 possible outcomes.
In this bet, you are allowed to pick 3 out of the 38 numbers. Thus, your chances of winning (P(W)) and losing (P(L)) are:
The expected value of the bet is given by the sum of the product of each outcome pay by its probability. Winning the bet means winning $11 while losing the bet means losing $1. The expected value is:
Therefore, with a $1 bet, you are expected to lose roughly $0.05
Answer:
The Markov chain is a description of the sequence of possible events in which the probability of an event depends only on the state attained in a previous separate event.
Step-by-step explanation:
The relation described by the Markov chain satisfies the following conditions:
1. All states communicate with themselves, that is P₁₁⁰ = 1 ≥ 0
2. There must be symmetry: if i←→j, then j ←→i
3. There must be transitivity. That is if i ←→k and k←→j, then i←→j
The conditions above imply that the communication is an example of an equivalence relation, meaning that it shares the properties with the more familiar relation, that is
i = i , if i = j ,then j = i etc
9514 1404 393
Answer:
(4x +3y)/(4x -3y)
Step-by-step explanation:
3.75* .92= $3.45
2.1* 1.10= $2.31
$3.45
+ $2.31
_______
$5.76
It is 15.8 because 250 square root is 15.8...
