1/2x +1/4y =32 , then find 2x+y
1 answer:
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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.
Answer:
We are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%
Step-by-step explanation:
-From the given information, .
-We calculate the confidence interval using this value at 95% confidence level:
So, the 95% confidence interval is (0.6515,0.6585).
Hence, we are 95% confident that the true proportion of TV audience is between 65.15% and 65.85%.