Altitude above sea level is given in
1 answer:
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Answer: 20%.
Step-by-step explanation:
Given, The price of a shirt is marked down from $12.50 to $10.00.
Previous price = $12.50
New price = $10.00
Change in price = Previous price - New price
= $12.50 - $10.00
= $2.50
Now, the percent decrease of the shirt =
Hence, the percent decrease of the shirt = 20%.
Answer:
You are expected to lose $0.05 (or win -$0.05)
Step-by-step explanation:
Since the roulette wheel has the numbers 1 through 36, 0, and 00, there are 38 possible outcomes.
In this bet, you are allowed to pick 3 out of the 38 numbers. Thus, your chances of winning (P(W)) and losing (P(L)) are:
The expected value of the bet is given by the sum of the product of each outcome pay by its probability. Winning the bet means winning $11 while losing the bet means losing $1. The expected value is:
Therefore, with a $1 bet, you are expected to lose roughly $0.05