Answer:
Step-by-step explanation:
Given
there are 50 winning number out of which 40 get $ 100 each and 10 wins $ 1000 .
let x denotes the winning from a randomly selected ticket
Expected value is given by
and Expected return is given by
Answer:
$564
Step-by-step explanation:
6% of 600 is 36
So 600-36= $564
(2/3)x+4= 7
Subtract 4 from both sides
(2/3)x= 3
Divide both sides by 2/3. To divide by a fraction, multiply the first number by the reciprocal of the second.
3*3/2= 9/2
Final answer: 9/2 or 4.5
This dot plot shows a nonlinear association... this is because if you look at the plot you can tell that there isn’t a line going any direction, it’s kinda scattered..so there isn’t any outliers rather it’s a nonlinear plot
Sales increased 50% last year, from $5,000 to $10,000. When sales dropped from $10,000 to $5,000 this year, sales decreased 50%
