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vlabodo [156]
3 years ago
6

Find the expected value of the winnings from a game that has the following payout probability distribution. Round to the nearest

hundreath.

Mathematics
2 answers:
olasank [31]3 years ago
7 0

Answer:

5.8

Step-by-step explanation:

Luda [366]3 years ago
3 0
Expected value is $20.20
Step-by-step explanation:
Here, we want to calculate the expected value
What we have to do here is to multiply the probability by the payout value; after which we add all values
Thus, we have the payout value as;
1(0.12) + 4(0.2) +6(0.38) + 8(0.2) + 10(0.1)
= 0.12 + 0.8 + 2.28 + 1.6 + 1
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The percent of change would be -33.3% which would then equal a 33.3% decrease (when decimal is rounded) 

what I did was turn 1/4 and 1/2 into decimals to make it easier to solve 

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4 years ago
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_+6 +2 = 6 + 10<br><br> Find the missing number
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3 years ago
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suppose that the number of bacteria in a certain population increases according to a continuous exponential growth model. A samp
Tema [17]

Answer:

3.33% per hour

Step-by-step explanation:

Use the A=Pe^rt equation. A is the end amount, so it's 1892. P is the original amount, 1700. E is a constant, around 2.72. R is the growth constant. T is the time that passed, 3 hours. You can substitute the givens into the equation and get 1892=1700e^(3r). Divide by 1700 to isolate the e. This leaves you with 1892/1700=e^(3r). Do the natural log of each side cancel the e and bring the exponent down. This leaves you with ln(1892/1700)=3r. Divide by 3 to isolate r. ln(1892/1700) is .1. .1/3 is .03333. Multiply by 100 to get a percent. 3.33 percent is your final answer.

8 0
3 years ago
Suppose SAT scores among college students are normally distributed with a mean of 500 and a standard deviation of 100. If a stud
bagirrra123 [75]

Answer:

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7 0
3 years ago
Solve for a. 2z=4a/m +3
Finger [1]

Answer:

<h3>                a = (2mz - 3m)/4</h3>

Step-by-step explanation:

2z = 4a/m +3

 -3        -3

2z - 3 = 4a/m

 ×m        ×m

(2z -3)m = 4a

     ÷4      ÷4

[(2z -3)m]/4 = a

a = (2mz - 3m)/4

4 0
4 years ago
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