Outcome on winning = $100 - $20 = $80
Outcome on losing = $20
Probability of winning = 1/6
Probability of losing = 5/6
Expected Value = 1/6 (80) +5/6(-20) = -3.333
This shows on average from each game, the game earns $ 3.333.
So, if 1000 such games are played, the game will earn 1000 x 3.33 = $3330
So, the answer to this question is option A
Answer:
Kristi
Step-by-step explanation:
The formula for Simple Interest =
Principal × Rate × Time
For Kristi
Kristi invests $3,000 at a 7.25% annual simple interest rate,
Principal = $3000
Rate = 7.25% = 0.0725
Time = 1
Simple interest = $3000 × 0.0725 × 1
= $217.5
For Kari
Her sister Kari invests $3,200 at a 6.25% annual simple interest rate.
Principal = $3200
Rate = 6.25% = 0.0625
Time = 1
Simple interest = $3200 × 0.0625 × 1
= $200
From the above calculation, we can see that: Kristi will earn the greater amount of interest after one year
Answer: It will take it 3 seconds before getting to the chicken
Answer:
4 times
Step-by-step explanation:
A lattice point may be defined as the point of intersection of two grid lines or more than two grid lines that is placed in a regularly spaced points arrays. This is called a lattice point.
In the context, Chris tries to label every lattice point in a coordinate plane with its square of distance from the point to its origin. The lattice points means that the numbers are both the integers. So for number 25, Chris has to label 4 times
i.e. (55),(-5,5),(5,-5),(-5,-5)
