The expected value if I have to pick one package given the price I would have to pay is $0.11.
<h3>What is the expected value?</h3>
The expected value is the cost you would have to pay subtracted from the total value of one package.
Total value of one package =[ (15 x 0.60) + (5 x 0.3) + (20 x 0.7)]/ (20 + 15 + 5) = $0.61
Expected value = $0.61 - $0.50 = $0.11
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Answer:x = -8
Step-by-step explanation:
Answer:
(3 ± √23 * i) /4
Step-by-step explanation:
To solve this, we can apply the Quadratic Equation.
In an equation of form ax²+bx+c = 0, we can solve for x by applying the Quadratic Equation, or x = (-b ± √(b²-4ac))/(2a)
Matching up values, a is what's multiplied by x², b is what's multiplied by x, and c is the constant, so a = 2, b = -3, and c = 4
Plugging these values into our equation, we get
x = (-b ± √(b²-4ac))/(2a)
x = (-(-3) ± √(3²-4(2)(4)))/(2(2))
= (3 ± √(9-32))/4
= (3 ± √(-23))/4
= (3 ± √23 * i) /4
From the question we can deduce the formula to be 16 + 3n = 76
3n - 76 - 16
3n = 60
n = 20
20 is the answer.
