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ohaa [14]
3 years ago
13

Many, many people have made incorrect assumptions based on probability. Some of the most obvious cases come from people who gamb

le. For instance, gamblers often believe that if certain events (numbers on a pair of dice or a roulette wheel, or results on a slot machine) have not occurred in some time, then these numbers or results are "due" to occur. Or, they assume that if a repeated behavior results in several losses in a row, then they are "due" for a win if they repeat the same behavior. (Note that most casino games are designed so that the odds are slightly in favor of the casino. The games are otherwise "fair," in terms of their setups and theoretical probabilities for possible outcomes.) Apply the concept of expected values, as well as your understanding of "fair" games, to explain why gamblers are wrong when they use this line of reasoning After you post your thoughts, read and respond to the posts of your peers by using probability and mathematical reasoning to add insight to their conclusions.
Mathematics
1 answer:
Softa [21]3 years ago
8 0

Answer:

Wow you're right.

Step-by-step explanation:

You are big-brain.

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H = 3a + 28.6
sasho [114]

Step-by-step explanation:

the estimated increase in height of baby each year would be 3 inches.

3 0
3 years ago
Stock worth $80 a share dropped in value by 15% on Tuesday, then increased by $7 the next Wednesday and, finally, increased by 1
Nutka1998 [239]
<h2>Steps</h2>

So here are a couple expressions when a value changes by percentage (p = percentage in decimal form and m = original value):

  • When <em>decrease</em>: (1 - p)m
  • When <em>increase</em>: (1 + p)m

So firstly, the $80 share dropped by 15%. Since this is a <em>decrease</em>, follow the appropriate expression:

15\%=0.15\\\\(1-0.15)*80\\0.85*80\\68

<em>On Tuesday, the share went from $80 to $68</em>

Next, on Wednesday the share increased by $7. With this, just add $68 and 7.

68+7=75

<em>On Wednesday, the share went from $68 to $75</em>

Lastly, on Thursday the share increased by 12%. Since this is an <em>increase</em>, follow the appropriate expression:

12\%=0.12\\\\(1+0.12)*75\\1.12*75\\84

<h2>Answer</h2>

<u>The final price of the share is $84.</u>

7 0
3 years ago
What is this I'm having a struggle
chubhunter [2.5K]
My exact answer is 2.2
5 0
3 years ago
I don’t know the answer
masya89 [10]

Answer:

?=1O or 15

Step-by-step explanation:

4 0
3 years ago
Thirteen percent of the profits from Kendall’s business are donated to charities.write and solve an equation to find out how muc
pychu [463]

The amount given to charity from Kendall’s profit is $168.0146

Given:

  • Kendall’s profit = $1292.42
  • Percentage given to charity = 13%

<h3>How to find percentage</h3>

Amount given to charity = Percentage given to charity × Kendall’s profit

= 13% of $1292.42

= 13/100 × 1292.42

= 0.13 × 1292.42

= $168.0146

Therefore, the amount given to charity from Kendall’s profit is $168.0146

Learn more about percentage:

brainly.com/question/843074

5 0
2 years ago
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