To calculate expected value,
We can add up the probability of all possible events.
The 2 possible events are either winning $50 or losing the prize, which is $ - 50
Expected value =
50 x 40 % + (-50) x 60%
= $-10
So the answer is $-10
Don’t Identify- 278.98
Female- 450.66
Male- 343.36
Considering these are people, you probably will need to round either up or down. If you round it would be:
Don’t Identify- 279
Female- 451
Male- 343
Answer:
21.38 minutes
Step-by-step explanation:
the total number served = 101
teh number of hours that is spent in serving from 11.30 to 1.30 = 2 hours
Lq = average number of those that are in line = 18 customers
from here we are to find the flow rate
= 
= 101/2 = 50.5
the average time in waiting =
Lq/flow rate
= 18/50.5
= 0.3564 hours
convert to minutes = 0.3564 * 60 minutes
= 21.38 minutes
Answer:
Accrued expenses are those liabilities that have built up over time and are due to be paid. Accrued expenses are considered to be current liabilities because the payment is usually due within one year of the date of the transaction. Accounts payable are current liabilities that will be paid in the near future.