Answer:
infinity
Step-by-step explanation:
a) the expected value of this gamble in dollars is Infinity
i.e
expected value = 
= 
b)
When offered, most people say they would pay only less than $10 to play this game.
What are two reasons why people are willing to pay so much less than the expected value?
These people are ready to pay less than $10 to play this game due to the fact that people usually overlook the unlikely event when making decisions. In a bid to that logic, they gamble in order to double their amount of money and the probability that heads may never come is ignored by these people and they may hope for a likely event i.e a head every time they play the game.
Also, the expected value is so humongous that if and only if that the first head appears after a long series of tails which is very less certain to occur, because mostly people would think that on an average the length of a series of tails ( or heads) is somewhat near 10 or so, but definitely infinity.
Answer:
2 real solutions
Step-by-step explanation:
Remember this messy thing?
The <em>quadratic formula</em>, as it's called, gives us the roots to any quadratic equation in standard form (ax² + bx + c = 0). The information on the <em>type</em> of roots is contained entirely in that bit under the square root symbol (b² - 4ac), called the <em>discriminant</em>. If it's non-negative, we'll have <em>real</em> roots, if it's negative, we'll have <em>complex roots</em>.
For our equation, we have a discrimant of (-3)² - 4(6)(-4) = 9 + 96 = 105, which is non-negative, so we'll have real solutions, and since quadratics are degree 2, we'll have exactly 2 real solutions.
Answer:
Its the symbol "pi" which is 3.14
Hey there mate ;),
Area of The shades region is <u>3098 m^2</u>
The solution is attached as picture. Please check.
<em>Answered</em><em> </em><em>by</em><em> </em><em>Benjemin</em>
Answer:
73 dollars and 50 cents
Step-by-step explanation:
Initial Deposit:
70
Years to Save:
1
Estimated Rate of Return
5
Compound Frequency:
Annually
Earned Interest
$3.50
Total Balance
$73.50
Hope this helps!
