Using the expected value, it is found that the mean of the distribution equals $0.1.
- The expected value, which is the mean of the distribution, is given by <u>each outcome multiplied by it's probability</u>.
The probabilities of <u>each outcome</u> are:
- .0000001 probability of earning $1,000,000.
- .9999999 probability of earning $0.
Thus, the mean is given by:
Thus showing that the expected value is $0.1.
A similar problem is given at brainly.com/question/24855677
Answer:
14 months
Step-by-step explanation:
150 - 24 = 126 then divided by 9 which = 14 so it will take 14 months to get 150
Answer:
C. Only her Perimeter is Correct
Step-by-step explanation:
12x3= 36
17x2= 34
13+5=8
36+34+8= 88
The area would be around 365.
56÷14 = 4 so 18×4 = 72. The answer is 72:56
Answer:
y = -0.85 + 0.09x; $49.82
Step-by-step explanation:
1. Calculate Σx, Σy, Σxy, and Σx²
The calculation is tedious but not difficult.
2. Calculate the coefficients in the regression equation
To two decimal places, the regression equation is
y = -0.85 + 0.09x
3. Prediction
If x = 563,
y = -0.85 + 0.09x = -0.85 + 0.09 × 563 = -0.85 + 50.67 = $49.82
(If we don't round the regression equation to two decimal places, the predicted value is $50.56.)
