Taylor bought a watch on sale for 60% off of the original price, and another 10% off of the discounted price. If the watch origi
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Call the point of intersection of the diagonals point X.
Each base is the hypotenuse of an isosceles right triangle whose sides are the diagonals and whose 90° angle is at X. The altitude of that triangle (⊥ distance to the base from X) is half the length of the hypotenuse. Then the height of the trapezoid is half the sum of the base lengths.
The area of the trapezoid is the product of the height and half the sum of the base lengths, hence is the square of half the sum of the base lengths.
... Area = ((16 cm +30 cm)/2)² = (23 cm)² = 529 cm²
Answer:
infinity
Step-by-step explanation:
a) the expected value of this gamble in dollars is Infinity
i.e
expected value =
=
b)
When offered, most people say they would pay only less than $10 to play this game.
What are two reasons why people are willing to pay so much less than the expected value?
These people are ready to pay less than $10 to play this game due to the fact that people usually overlook the unlikely event when making decisions. In a bid to that logic, they gamble in order to double their amount of money and the probability that heads may never come is ignored by these people and they may hope for a likely event i.e a head every time they play the game.
Also, the expected value is so humongous that if and only if that the first head appears after a long series of tails which is very less certain to occur, because mostly people would think that on an average the length of a series of tails ( or heads) is somewhat near 10 or so, but definitely infinity.