Answer:
C) The expected value is -$2000, so the detective should not take the job.
Step-by-step explanation:
The expected value is the sum of products of income and probability:
E = -10,000·1.00 + 80,000·0.10 = -10,000 +8,000 = -2,000
The detective can be expected to lose money on the job, so should not take it.
Answer:
40%
Step-by-step explanation:
2:5 is equal to 4:10 or 40%.
Answer:
200
Step-by-step explanation:
Given that :
16% of coins are quarters from 1990
Number of quarters from 1990 = 32
Since 16% = 32 quarters
The number of the total coins can be obtained thus :
Let the total number of coins = x
16% = 32
100% = x
Cross multiply :
0.16x = 32 * 1
0.16x = 32
x = 32 / 0.16
x = 200
Hence, total number of coins in the collection = 200
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