x-intercept(s): (1/2, 0) or (0.5, 0)
y-intercept(s): (0, −2)
Answer:
5.33
Step-by-step explanation:
move the 4 out of the summation because just a constant multiplier
4 *sum from 1 to 10 for (1/4)^(n-1) [sorry i don't know how to write sums using latex)
The formula for the geometric sum is :
First term*(1-multiplier^n)/(1-multiplier), formally 
Here multiplier is 1/4
First term is (1/4)^(1-1) = 1
Thus the value of sum is
which equals 
We factored out 4 so its
which is 
This equals 5.333328247 which is 5.33 to the nearest hundredth
Answer: x= 18
Step-by-step explanation:
3x - 16 = 38
38 + 16 = 54
3x/3 = 54/3
X= 18
Answer:
No Side Is Being Favored Since The Die Is A Fair Six-Sided Die.
So Each Number Has The Same Chance Of Being Rolled.
Note that
Answer:
Mary's risk premium is $0.9375
Step-by-step explanation:
Mary's utility function,
Mary's initial wealth = $100
The gamble has a 50% probability of raising her wealth to $115 and a 50% probability of lowering it to $77
Expected wealth of Mary, 
= (0.5 * $115) + (0.5 * $77)
= 57.5 + 38.5
= $96
The expected value of Mary's wealth is $96
Calculate the expected utility (EU) of Mary:-
![E_u = [0.5 * U(115)] + [0.5 * U(77)]\\E_u = [0.5 * 115^{0.5}] + [0.5 * 77^{0.5}]\\E_u = 5.36 + 4.39\\E_u = \$ 9.75](https://tex.z-dn.net/?f=E_u%20%3D%20%5B0.5%20%2A%20U%28115%29%5D%20%2B%20%5B0.5%20%2A%20U%2877%29%5D%5C%5CE_u%20%3D%20%5B0.5%20%2A%20115%5E%7B0.5%7D%5D%20%2B%20%5B0.5%20%2A%2077%5E%7B0.5%7D%5D%5C%5CE_u%20%3D%205.36%20%2B%204.39%5C%5CE_u%20%3D%20%5C%24%209.75)
The expected utility of Mary is $9.75
Mary will be willing to pay an amount P as risk premium to avoid taking the risk, where
U(EW - P) is equal to Mary's expected utility from the risky gamble.
U(EW - P) = EU
U(94 - P) = 9.63
Square root (94 - P) = 9.63
If Mary's risk premium is P, the expected utility will be given by the formula:

Mary's risk premium is $0.9375