Answer:
11.8
Step-by-step explanation:
I think it is subtracting fractions.
First you turn the fractions into decimals then subtract it. After, you turn the decimal to a fraction but i am having a hard time doing that... the decimals by the way is 12.5 and 0.7 according to converters
To calculate expected value,
We can add up the probability of all possible events.
The 2 possible events are either winning $50 or losing the prize, which is $ - 50
Expected value =
50 x 40 % + (-50) x 60%
= $-10
So the answer is $-10
Answer:
How are we suppose to answer this on this website?
Step-by-step explanation:
Is it any fraction? if so 6/16 and 2/8 are equivalent
