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:
-20x + 15
Step-by-step explanation:
Percent mean parts out of 100
0.2%=0.2/100=0.02/10=0.002/1=0.002
'of' means multiply
'what number'=x
'is' means '='
so
0.2% of what number is 12
0.002 times x=12
divide both sides by 0.002
x=6000
the number is 6000
Answer:
And rounded up we have that n=385
Step-by-step explanation:
In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 95% of confidence, our significance level would be given by 
and 
. And the critical value would be given by:
The margin of error for the proportion interval is given by this formula:
(a)
And on this case we have that 
and we are interested in order to find the value of n, if we solve n from equation (a) we got:
(b)
The estimated proportion for this case is 
. And replacing into equation (b) the values from part a we got:
And rounded up we have that n=385
Answer:
can you put the number line
Step-by-step explanation:
