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timama [110]
3 years ago
5

Your investment adviser tells you that Acme Widgets has a 40% chance of increasing your investment by $10,000, and Gimbles Stuff

has a 30% chance of increasing your investment by $15,000. Which has the higher Expected Value?
Mathematics
2 answers:
julsineya [31]3 years ago
7 0
Gimbles Stuff will have the higher expected value.

Explanation: 15,000x0.3= 4,500 whereas 10,000x0.4= 4,000
morpeh [17]3 years ago
4 0
Yes now happy birthday
You might be interested in
At what values of x does f(x) = x^3 - 2x^2 -4x+1 satisfy the mean value theorwm on [0,1]
denis-greek [22]

Answer:

x=1/3

Step-by-step explanation:

A function f is given as

f(x) = x^3-2x^2-4x+1 in the interval  [0,1]

This function f being an algebraic polynomial is continuous in the interval [0,1] and also f is differntiable in the open interval (0,1)

Hence mean value theorem applies for f in the given interval

f(1) = 1-2-4+1 = -4\\f(0) = 1

The value

\frac{f(1)-f(0)}{1-0} =\frac{-4-1}{1} =-5

Find derivative for f

f'(x) = 3x^2-4x-4

Equate this to -5 to check mean value theorem

3x^2-4x-4=-5\\3x^2-4x+1=0\\\\(x-1)(3x-1) =0\\x= 1/3 : x = 1

We find that 1/3 lies inside the interval (0,1)

4 0
3 years ago
If a line crosses the y-axis at (0, 1) and has a slope of , what is the equation of the line?
defon
5y - 4x = 5
5y = 4x + 5
y = 4/5x + 1.....slope of 4/5 and y intercept of (0,1)
6 0
3 years ago
How do you solve this?​
Paul [167]
You need to use percentage I would help but I can’t because of I’m bad at percentages
4 0
3 years ago
Solve the two-step equation.<br><br> 14 = 31.7 – 3x<br><br> What is the solution?
shtirl [24]

Answer:

The answer is 5.9

Step-by-step explanation:

1) Subtract 31.7 from both sides.

14 - 31.7 =  - 3x

2) Simplify 14 - 31.7 to -17.7

- 17.7 =  - 3x

3) Divide both sides by -3.

\frac{ - 17.7}{ - 3}  = x

4) Simplify -17.7/-3 to 5.9

5.9 = x

5) Switch sides.

x = 5.9

Therefor, the answer is x = 5.9.

3 0
3 years ago
Because you are working a late shift, you will get an increase in your wage. You will get and additional 10% per hour from 6:00p
siniylev [52]

CHECK THE COMPLETE QUESTION BELOW:

Supervisor: "Because you are working a late shift, you will get an increase in your wage. You will get an additional 10% per hour from 6:00 PM to 12:00 AM and additional 15% from 12:00 AM to 1:00 AM." Employee: "I am working from 2:00 PM to 12:00 AM. Between 2:00 PM and 6:00 PM, I will make $12.00 per hour. Between 6:00 PM and 12:00 AM, I will make __________ per hour

Answer:

I will make $13.2 per hour

Explanation:

It can be deducted from the question that that the money Employee gets money for Working from 2.00 PM to 6.00 PM = $12per hour

Also the Employee gets additional 10% of money for working from 6.00 PM to 12.00 AM which implies that

10% = (10/100)*$12per hour

=$1.2per hour

Again, Employee gets additional 15% of the money for working from 12.00 AM to 01.00 AM which can be calculated as:

15% = (15/100)*$12per hour

=$1.8 per hour

which means that Employee gets additional $1.8 per hour

of the money for working from 12.00 AM to 01.00 AM

Therefore, if Employee works from 2.00 PM to 12.00 AM,

Employee will gets money for Working from 2.00 PM to 6.00 PM as well as the 10\% extra wage which

= $12 + $1.2 = $13.2

= \$ 12 + \$ 1.2 = \$ 13.2

7 0
3 years ago
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