The expected value of the inseam length of the jeans is found as
30% of 30+ 25% of 32+ 10% of 34+ 10% of 36 + 10% of 38 + 15% of 40
=
=
Hence, the third option 33.8 is the correct expected value.
2) Joanie got paid $111 to babysit three kids for 6 hours. How much was she paid per hour?
1 answer:
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Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the total amount owed
P is the amount of money borrowed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above