The expected value of the game is $2.00.
To Find: The fair price to pay to play the game of rolling a colored die with three red sides, two green sides, and one blue side
Now the question arises how to find the Fair Price
We are told that in the game of rolling the colored die;
A roll of a red loses.
A roll of blue pays 5.00 and A roll of green pays 2.00.
Now, the best game to get the fairest price is to play; RRRGGB i.e (RED, RED, RED, GREEN, GREEN,BLUE)
Fair price = 2(3/6) + 6(1/6) + 0(2/6)
Fair price = $2
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Answer:
6
Step-by-step explanation:
(y1-y2)/(x1-x2) = (-1-5)/(0-1) = -6/-1 = 6
Answer:
$1.56 per pound
Step-by-step explanation:
18.72/12 = 1.56
If certain refrigerator requires 170 watts of electricity when it is running. It typically runs about 20 minutes per hour. The amount it cost to run this refrigerator for one year if the cost per kWh is $0.11 is: $53.856.
<h3>Cost</h3>
Given:
Electricity watts = 170 watts
Minutes run = 20 minutes
Cost per KWh =$0.11
Hence,
170 watts = 1.7×10^-1
20 min = 1/3 h
Now let calculate the cost of running the refrigerator for one year
1.7×10^-1 × 1/3 × 24 ×360 × $0.11
= $53.856
Therefore If certain refrigerator requires 170 watts of electricity when it is running. It typically runs about 20 minutes per hour. The amount it cost to run this refrigerator for one year if the cost per kWh is $0.11 is: $53.856.
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Answer:
5*1/12
Step-by-step explanation
A unit fraction is 1/x.
You try to find x*1/12=5/12.
x=5/12*12/1
x=5
5*1/12 is you answer