Isolate the variable by dividing each side by factors that don't contain the variable.
Exact Form:
x
=
13
3
x
=
13
3
Decimal Form:
x
=
4.
¯
3
x
=
Mixed Number Form:
x
=
4
1
3
#1: 50/50 or 1/2 chance because you have only picked up 2 and there’s now a higher chance of you getting a yellow instead of blue. Hope that helps.
Answer:
The expected value of profit is -0.5125. This is expected loss as value is negative.
Step-by-step explanation:
We are given the following in the question:
P(winning) = 0.075
Thus,
P(Loosing) =

If we win we gain a profit of $5.50 and if we loose the lottery, we loose $1.
Thus, we can form the probability distribution in the following manner:
Event: Winning Loosing
Profit(x): +5.50 -1
P(x): 0.075 0.925
We have to calculate the expected value of the profit.

Thus, the expected value of profit is -0.5125. This is expected loss as value is negative.
Answer:
3
Step-by-step explanation:
Answer:
0
Step-by-step explanation: