1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex787 [66]
3 years ago
6

In the Hawaiian Beach Boy surf board vendor scenario, what if the fine was increased to $190 but the probability of a fine decre

ased to one in 20 days, 5%? What would be the expected value – Exp(RS) -- of continuing to rent surfboards? Assume the other numbers stay the same. He makes $300/day and to rent boards from friends costs him $100 a day. So, he makes $200 a day. Write out the expected value formula, plug in the numbers, and show the math. Hint: the Exp(RS) should be higher than the previously calculated $160.
Mathematics
1 answer:
zloy xaker [14]3 years ago
5 0

Answer:

$190.50

Step-by-step explanation:

Expected value is the sum of each possible income multiplied by its probability.

There's a 5% chance that the vendor makes $200 and loses $190 (net gain of $10).

There's a 95% chance that the vendor makes $200 and loses $0 (net gain of $200).

So the expected value is:

Exp(RS) = $10 × 0.05 + $200 × 0.95

Exp(RS) = $190.50

You might be interested in
Please help !!
nikdorinn [45]
The domain is all the numbers of which the inputs can be put. Here, we have a graph, which simplifies things. We just need to look at the x-values of the graph, or the horizontal line. The graph extends both negatively and positively. Thus since the graph extends both ways (right and left) forever, the answer would be D, or all real numbers.
5 0
3 years ago
A soccer ball is placed 12 feet away from a goal post that measures 8ft high. You kick the ball and it hits the crossbar at the
Alex17521 [72]
tg(\theta)=\frac{8}{12}\\
\\
tg(\theta)=0.666... \rightarrow \theta\approx35^o
4 0
3 years ago
A geometric progression has a third term of 20 and a sum of infinity which is 3 times the first term. Find the first term ​
Anna007 [38]

Answer: the first term is 45

Step-by-step explanation:

Step 1: The formular for the nth term is ar^n-1 and since we're solving for the third term ar^3-1 = ar² which is equal to 20

So ar²= 20 and we make this equation i

Step 2: the formular for the sum of infinity is Sn = a/(1-r) and according the question the sum of infinity is equals to 3 *A ( A means the first term)

Further simplification gives us

3a= a/(1-r)

We simplify Futher by multiplying both sides by (1-r)

3a.(1-r) = a/(1-r).(1-r)

3a(1-r)=a

= 3a-3ar=a

Make 3ar the subject of the formula

3ar= 2a and lets make this equation (ii)

Step 3: From the first equation since ar²=20, let's make a the subject of the formula by dividing both sides by r²

Ar²/r² = 20/r²

A=20/r²lets make this equation (iii)

Step 4: subtitle a as 20/r² into equation (ii)

Since 3ar=2a

Then 3.(20/r²).r = 2. 20/r²

= (60/r²) .r = 40/r²

60/r = 40/r2

Multiplying both sides by r² gives us

60r = 40

Divide both sides by 20 gives us

= 3r= 2

Divide both sides by 3 gives us

= r = 2/3

Step 5: substitute r for 2/3 in equation i

ar²= 20

a. (2/3)2 = 20

= a.4/9 = 20

= 4a = 180

= a = 180/4

a = 45

5 0
3 years ago
Having serious block because of the units The density of mercury is 13.6 g/cm3. What approximate mass of mercury is required to
mart [117]
I would approach the problem like this:

1 oz bottle.............................30cm^3
33 oz bottle.............................xcm^3

in a 33 oz bottle will be x=33*30=990cm^3
density=mm/v
13.6g/cm^3= m/ 990cm^3
m= 13.6 * 990=13464 g
or 13.464 kg in a 33 oz bottle
3 0
3 years ago
There are 1,295 students attending a small university.There are 714 women enrolled. What percent of the students are women. Equa
Semenov [28]
If 1295 × p = 714, then you can rearrange the equation to find the percentage.

You have to get p on its own, so you divide 1295 on both sides of the '='.

1295 × p = 714

p = 714 ÷ 1295

p = <span>0.55135135135...

p </span>× 100 = actual percentage

actual percentage = 55.14%
8 0
3 years ago
Other questions:
  • What are the constant proportionality y=0.2x
    12·2 answers
  • An auditorium has three levels. Level 1 seats 3,577 people, Level 2 seats 5,214 people, and Level 3 seats 5,879 people. How many
    12·1 answer
  • True or False. Explain your answer. csc^-1[csc(-pi/4)]=-pi/4 sec[sec^-1(sqrt3)]=sqrt3
    5·2 answers
  • Enter the missing value into the box to complete the ratio comparing 6 yards to 9 feet.
    15·1 answer
  • Sharon has some one-dollar bills and some five-dollar bills. She has 14 bills. The value of the bills is $30. Solve a system of
    6·1 answer
  • ABC is a straight line
    6·1 answer
  • Judy needs a mean (average) score of 86 on four tests to earn a midterm grade of B. If the mean of her scores for the first thre
    15·1 answer
  • Plzzz help. Giving everything.
    15·1 answer
  • HURRYYY!!
    11·2 answers
  • A missile is projected vertically up with a velocity of 50 m/s. What is the velocity at the highest point of projection?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!