Answer:
The player should be required to pay $5 to make this a fair game.
Step-by-step explanation:
U ~ Uniform(0, 10)
E[U] = (0 + 10)/2
= 5
X | U ~ Poisson(U)
E[X | U] = U
By law of total probability for expectations,
E[X] = E[E[X|U]] = E[U] = $5
Therefore the player should be required to pay $5 to make this a fair game.
Answer:
No solution?
Step-by-step explanation:
Im confused, can you give more information.
Answer:
0.1458333333 i think
Step-by-step explanation:
Answer:
2x + 3y = $54
Step-by-step explanation:
Standard Form ~ Ax + By = C
A and B in this case are just going to be numbers, they are just for substitution purposes.
Since x is fruit flavored candy and y is Chocolate, we can substituce the Fruit for A and Chocolate for B.
Now, we have 2x + 3y = C
The C is going to be the total cost. Therefore we have ~
2x + 3y = $54
Have a great day,
PumpkinSpice1♥