All you have to do is subtract the biggest numbers i the problems.
15-3b=63
subtract 15 from both sides
-3b=48
divide -3 from both sides
b= -16
Answer:
Step-by-step explanation:
The expected return is given as
Expected Return = SUM (Return i x Probability i). i=1,2,3.....
First investment
Probability of 0.7, it returns 60cents per dollars
Second investment
Probably of 0.3, it loses 20cents per dollar.
Expected return=(0.7×60)-(0.3×20)
Excepted return= 42-6
Excepted return=36cents
To dollars, 1cents is 0.01dollars
Then, 36cents = 0.36dollars
Expected return=$0.36
What is the X in the problem
