Answer:
$6 per game
Explanation:
The probability of getting a head on a toss is given as 0.5 for a fair coin.
Therefore the expected number of times that the coin would be tossed to get the first head would be given as the expected value of the geometric distribution with parameter of p = 0.5. therefore the expected value here would be 1/0.5 = 2
Therefore, we expect to get 22 = 4 dollars but we paid initially $10, therefore in long run we expect to lose $6 per game.
Answer:
The invaders were able to govern the more advanced civilizations because they adopted most of the conquered civilizations' customs, rules of governance, and even languages and religion.
For example, in the case of the Germanic tribes that conquered the Western Roman Empire, the rulers adopted, one by one, the religion of the Roman Empire: Christianity, more specifically, the Roman Catholic variant.
They also began to use the language of the Empire: Latin, for ecclessiastical and political matters, and while political institutions did change a lot, some of the political institutions of the Empire did survive in the sucessor states that the Germanic rulers carved out of the Roman territory.
The clause in an accident and health policy which defines the benefit amounts the insurer will pay is called the Insuring clause.
Insuring clause is a provision in an insurance policy that stipulates the risks assumed by the insurer. The insurer agrees to pay on behalf of the insured all sums that the insured shall become legally obligated to pay as damages because of bodily injury, sickness or disease, wrongful death, or injury to another person's property.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Future value= $11,000,000
Number of years= 2
To calculate the initial investment required, we need an interest rate. <u>We weren't provided with this information, however, I will provide the formula and an interest rate.</u>
i= 8% compounded annually.
To calculate the lump-sum, we need to use the following formula.
PV= FV/(1+i)^n
PV= 11,000,000/(1.08^2)
PV= $9,430,727.02
Activity ratios reflect the speed with which resources are converted to cash or sales.
Option E is correct answer .
Activity ratios :
Activity ratios measure how well a firm uses its assets. They reflect the speed with which resources are converted to cash or sales. A frequently used activity ratio is inventory turnover. The inventory turnover ratio measures the speed with which inventory moves through the firm and is became sales.
What is a high activity ratio?
A high ratio indicates that a corporation is using its total assets very efficiently or that it does not own many assets, to start with. a coffee ratio indicates that too much capital is tied up in assets and that assets are not being used efficiently in generating revenue.
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