Answer:
See explanation
Step-by-step explanation:
<h3 /><h3>Step 1</h3>
Miguel wins $2 is if he pulls two chips with the number 1.
<u>Probability of winning is:
</u>
- 2/4 * 1/3 = 1/6 as there are 4 chips in total
<u>
Probability of loosing is:</u>
<h3 /><h3>Step 2</h3>
<u>Missing values we found in the step 1, can be populated in the table:</u>
- Xi === 2 === -1
- P(Xi) === 1/6 === 5/6
<u>Expected Value as per table data:</u>
Expected value is $1/2 loss each time he plays
<h3 /><h3>Step 3</h3>
To make the game fair, the expected value should be zero.
<u>Then as per the calculation above, let's replace 2, with x, and find its value.</u>
- 1/6x + 5/6*(-1) = 0
- 1/6x = 5/6
- x= 5
So the amount should be $5 to make the game fair.
Answer:
about 32.71 feet
Step-by-step explanation:
see attached picture
Answer:
<h2>52500 kg</h2>
Step-by-step explanation:
Step one:
given data
mass of harvested peanuts = 14,000kg
size of land = 8-acre
Step two:
Required:
mass of harvested peanuts for a 30-acre land
let the mass be x
so, for 8-acre land the harvested mass is 14,000
hence for 30-acre land the harvested mass is x
cross multiply we have
8x=14,000*30
divide both sides by 8
x=420000/8
x=52500 kg
Answer:
1.08T/ (1+8/100)T
Step-by-step explanation:
There is an easier way instead of doing 0.08 of t and then adding. You can do 108% of t which immediately gives the answer.
Hope this helps:)