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
The correct answer to your question is number 2
False because 7+8=15. The two sides need to add up to more then the hypotenuse
Answer: function 1
Rate of change of function 1:
Following the format of y=mx+c, the rate of change should be m, so, the rate of change for function 1 = 4
To find the gradient (rate of change):
The two points the line passes through are (x1, y1) and (x2, y2), which in this case is (1, 6) and (3, 10)
(Doesn't matter which is which but you need to make sure that once you decide which is which, you stick to it)
To calculate the gradient, you substitute these values following (y1 - y2)/(x1 - x2)
Gradient of function 2 = (10 - 6)/(3 - 1)
= 2
Therefore, since 4 > 2, rate of change of function 1 > rate of change of function 2.
