Answer:
Step-by-step explanation:
Given that:
To bet $5 that the outcome is any one of these five possibilities: 0, 00, 1, 2, 3.
Let Y represent the Amount of net profit
Then, Y= {-5, 30}
The probability distribution of Y is:
Y -5 30
P(Y=y)

a) The expected value of X is given by:
![E[Y] =\sum y P(Y=y)= 30*\dfrac{5}{38}-5*\dfrac{33}{38}](https://tex.z-dn.net/?f=E%5BY%5D%20%3D%5Csum%20y%20P%28Y%3Dy%29%3D%2030%2A%5Cdfrac%7B5%7D%7B38%7D-5%2A%5Cdfrac%7B33%7D%7B38%7D)


b)
On a bet of $5 on the number 25 we are expected to loose 24 cents.
While on a $5 bet that the outcome is any one of the numbers 0,00, or 1 we are expected to loose 39 cents.
Hence, $5 bet on the number 27 is better. Because the expected loss is less in this bet
Answer:
1c, 5c, 25c and 1 dollar
Step-by-step explanation:
With 4 coins of 1c : 4 cents
4 coins of 5c: 20 cents
4 coins of 25c: 1 dollar
4 coins of 1 dollar: 4 dollars
So, 4c + 20c + 1 dollar + 4 dollars = 5.24 dollars
The answer is 26, 27, and 28
Answer:
250
Step-by-step explanation:
you have to use the fact that the big triangle and the small triangle are similar and write the proportions
we took half of the side because of ΔABD and ΔBD..
AB= (125*10)/10=125
is AB =125 then AC is duble AC= 2*125=250
Answer:
It is 1/6
Step-by-step explanation:
This is because there are 6 sides to a dice and the number 3 is only on one of those sides. So, it is 1 in 6 or 1/6