Step-by-step explanation:
(2+6+9+3+7+3):10=3
57-56+57+90-147+5=6
Answer:
Step-by-step explanation:
Given that:
To bet $5 that the outcome is any one of these five possibilities: 0, 00, 1, 2, 3.
Let Y represent the Amount of net profit
Then, Y= {-5, 30}
The probability distribution of Y is:
Y -5 30
P(Y=y)

a) The expected value of X is given by:
![E[Y] =\sum y P(Y=y)= 30*\dfrac{5}{38}-5*\dfrac{33}{38}](https://tex.z-dn.net/?f=E%5BY%5D%20%3D%5Csum%20y%20P%28Y%3Dy%29%3D%2030%2A%5Cdfrac%7B5%7D%7B38%7D-5%2A%5Cdfrac%7B33%7D%7B38%7D)


b)
On a bet of $5 on the number 25 we are expected to loose 24 cents.
While on a $5 bet that the outcome is any one of the numbers 0,00, or 1 we are expected to loose 39 cents.
Hence, $5 bet on the number 27 is better. Because the expected loss is less in this bet
Answer:

Step-by-step explanation:

First, multiply both sides by -4. You must also change the inequality sign since you are multiplying both sides by a negative number.


Subtract 1 from both sides.


Answer:
102 students
Step-by-step explanation:
Note that 65% and 71% are both 1 standard deviation from the mean (71%). According to the empirical rule, 68% of scores lie within 1 std. dev. of the mean.
68% of 150 students would be 0.68(150 students) = 102 students