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: 5.5%
Step-by-step explanation:
Since the money invested has grown to $8300 and the principal was $600, this means the interest is:
= $8300 - $6500
= $1800
Simple interest = (Principal × Rate × Time)/100
1800 = (6500 × Rate × 5)/100
Cross multiply
1800 × 100 = 32500 × Rate
Rate = 180000/32500
Rate = 5.5%
Step-by-step explanation:
Answer:
x = -3
Step-by-step explanation:
The line parallel to x=8 is another vertical line:
x = constant
To make it go through a point with an x-coordinate of -3, the constant must be -3.
Your line is ...
x = -3
Oh Fractions are always fun to do. The answer should be 11/16
