Answer:
Step-by-step explanation:
From the given information,
Considering both cases when p = 0.5 and when p ≠ 0.5
the probability that the gambler will quit an overall winner is:
where ;
N.k = n and k = m
Hence, the probability changes to:
is p ≠ 0.5 and k/N = 
is P = 0.5
Answer:
7 over 10 and 7,10
Step-by-step explanation:
Step-by-step explanation:
The problem states that you have a linear function so expect your equation to have this form:
y = mx + b
where m is the slope and b is the y-intercept. You are also given two points: P1(5, 6) and P2(14, 60). Use these points to solve for the slope m.
m = (y2 - y1) / (x2 - x1) = (60 - 6)/(14 - 5)
= 54/9 = 6
So our equation now becomes
y = 6m + b
To solve for b, plug in the values of P1:
6 = 6(5) + b ---> b = -24
Therefore, our equation is
y = 6m - 24
The rest of the points are
(8, 24)
(11, 42)
