Answer:
25%
Step-by-step explanation:
25% of 960 is 240. to find that we need to do...
0.25 x 960 = 240
add the percent increace to the 960.....
960 + 240 = 1,200
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The expected value per game is -0.26. Over 1000 games, you can expect to lose $263.16.
To find the expected value, we multiply the probability of winning by the amount of winnings, the probability of losing by the amount of loss, and adding those together.
We have a 1/38 chance of winning; 1/38(175) = $4.61. We also have a 37/38 chance of losing; 37/38(5) = $4.87.
$4.61-$4.87 = -$0.26 (rounded)
To five decimal places, our answer is -0.26136; multiplied by 1000 games, this is $261.36 lost.
Answer:
1/4
Step-by-step explanation:
It is split into 8 equal parts, if you want to see how likely you're going to get red, look at how many red parts there are. 2. Now make it into a fraction! 2/8, but we need it to be simplified so it is 1/4.
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Answer:
x > 10
Step-by-step explanation:
x-3 > 7
Add 3 to each side
x-3+3 > 7+3
x > 10
Answer:
Interest earned: 343.75
Balance at maturity: 2843.75
Step-by-step explanation:
simple interest formula
P(1+it)
interest earned:
(interest earned is the ending balance minus the beginning balance)
2500(1+.055*(30/12))-2500= 343.75
Balance at maturity
2500(1+.055*(30/12))= 2843.75
(another way to solve this part is to just add 343.75 (the interest earned) to the beginning balance)
