The half life of the substance is 6.92 days.
<h3>What is the Half life ?</h3>Half life can be defined as the time required to reduce the concentration to half of its initial value.
Here the equation given is
The concentration will reduce to half therefore
so,
ln 0.5 = - 0.1001 * t(1/2)
-0.693 = -.1001 * t(1/2)
t(1/2) = 6.92 days.
Therefore the half life of the substance is 6.92 days.
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Answer:
The expected payout of the game is $230.46.
Step-by-step explanation:
The given table is
Payout Amount : $160 $4400 $145000
Probability : 0.146 0.024 0.0007
We need to find the expected payout of the game.
The formula for expected payout is
where, n is amount and P(x) is probability of that event. The value of n is negative for loss.
Using the above formula we get
Therefore the expected payout of the game is $230.46.