If an unfair coin comes up heads 60% of the time and tails 40% of the time, what is the expectation if heads is valued at 1 a
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The value of two arithmetic means which are inserted between 3 and 24 are 24/9 and 75/9.
<h3>What is arithmetic mean?</h3>Arithmetic mean is the mean or average which is equal to the ratio of sum of all the group numbers to the total numbers.
The two arithmetic means between 3 and 24 are has to be inserted.
3, A₂, A₃, 24
All the four numbers are in arithmetic progression. The nth terms of AM can be found using the following formula:
t(n)=a(n-1)d
Here, d is the common difference a is the first terms and n is the total term. The first term, a=3 and t₄=24. Thus, the common difference is;
The second and 3rd term are:
Thus, the value of two arithmetic means which are inserted between 3 and 24 are 24/9 and 75/9.
Learn more about the arithmetic mean here;
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