The quadratic formula is -b +/-sqrt(b^2-4ac) all over 2a.
First we have to get all the variables on one side so... Subtract 4x: 0=-4x^(2)+13x-3
OR add 3 and subtract 13x: 4x^(2)-13x+3=0
Since I prefer a to be positive, I'm going to choose the second equation.
So... now we just plug and chug. a is the value of the variable squared. In this case a=4. b is the value with the variable, or b=-13. c is the last term. c=3
**Remember: Ax^(2)+By+C**
Now we just plug everything in.
-b= 13 (negative minus a negative is a positive)
+/-sqrt((-13)^(2)-4(4)(3))
all over 2(4)
So work with the radical first.
(-13)^2=169
4(4)(3)=48
+/-sqrt(169-48)
+-sqrt(121)
sqrt(121)=11
Now it's just: (13+/-11)/2(4)
(13+/-11)/8
Split this into two equations:
(13+11)/8
(13-11)/8
Solve both: 24/8=3
2/8=1/4
So x= 3, 1/4
Plug them back in and see if there's one solution or two:
4(3)^2=13(3)-3
36=36
So x=3.
How about 1/4?:
4(1/4)^2=13(1/4)-3
4(1/16)=13/4-3
4/16=13/4-3
1/4=13/4-3
1/4=13/4-(3x4)/(1x4) *Like denominators to add or subtract*
1/4=13/4-12/4
1/4=1/4.
So x=1/4.
In this case, both answers work. So the answer, using the quadratic formula is x=1/4, x=3
Based on the various probabilities given and the returns, the expected return will be <u>15.4%. </u>
<h3>What is expected return? </h3>
Expected return is the weighted average of potential returns and their probabilities.
It can be calculated using the formula:
= ∑ (Probability of season x Return if season comes)
<h3>What is the expected return on Gelato shares? </h3><h3 />
Can be found as:
= (0.2 x 30%) + (0.6 x (15%) + (0.2 x 2%)
= 15.4%
In conclusion, the expected return is 15.4%. One limitation of using this method however, is that the <u>returns </u><u>and </u><u>probabilities </u><u>are based on </u><u>historical </u><u>data and these conditions might not repeat themselves. </u>
Find out more on expected return at brainly.com/question/26061754.
Answer:
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Step-by-step explanation:
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