Answer:
B
Step-by-step explanation:
Answer:
$190.50
Step-by-step explanation:
Expected value is the sum of each possible income multiplied by its probability.
There's a 5% chance that the vendor makes $200 and loses $190 (net gain of $10).
There's a 95% chance that the vendor makes $200 and loses $0 (net gain of $200).
So the expected value is:
Exp(RS) = $10 × 0.05 + $200 × 0.95
Exp(RS) = $190.50
Answer:
4.99
Step-by-step explanation:
If you divide:
$24.95/5bulbs
you get
4.99/1 bulb
Answer:0.32 is closer the the number one then 0.102 is
Step-by-step explanation:
Answer:
12. 7
13. 6
Step-by-step explanation: