Answer:
$0.50
Step-by-step explanation:
.
Answer:
The expected value of profit is -0.5125. This is expected loss as value is negative.
Step-by-step explanation:
We are given the following in the question:
P(winning) = 0.075
Thus,
P(Loosing) =

If we win we gain a profit of $5.50 and if we loose the lottery, we loose $1.
Thus, we can form the probability distribution in the following manner:
Event: Winning Loosing
Profit(x): +5.50 -1
P(x): 0.075 0.925
We have to calculate the expected value of the profit.

Thus, the expected value of profit is -0.5125. This is expected loss as value is negative.
Answer:
Mean is 84
Step-by-step explanation:
Using the concept of probability and the arrangements formula, there is a
0.002 = 0.2% probability that the first 8 people in line are teachers.
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- A probability is the <u>number of desired outcomes divided by the number of total outcomes.</u>
- The order in which they are positioned is important, and all people will be positioned, and thus, the arrangements formula is used to find the number of outcomes.
The number of possible arrangements from a set of n elements is given by:

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The desired outcomes are:
- First 8 people are teachers, in <u>8! possible ways.</u>
- Last 4 are students, in <u>4! possible ways.</u>
Thus, 
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For the total outcomes, <u>number of arrangements of 12 people</u>, thus:

The probability is:

0.002 = 0.2% probability that the first 8 people in line are teachers.
A similar problem is given at brainly.com/question/24650047
Answer:
20/81
Step-by-step explanation:
Without parentheses, it is hard to tell what you are dividing. We assume you want ...
(4/9)/(9/5)
Then ...

_____
As written (without parentheses), your expression is evaluated left to right, so evaluates to ...
4/(9·9·5) = 4/405