A store purchased a digital camera and marked it up 100% from the original cost of $863.57. A week later, the store placed the d
1 answer:
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Graph and equation both shows the proportional comparison between two quantities
for example, equation y = 4x, this means, the value of 'y' will always be 4 times the value of 'x'
More complex equation such as y = 3x + 5, means that the value of 'y' equals to 5 more triples of value of 'x'
Another example is the conversion graph attached below, it shows the relationship between kilometers and miles. For example, we want to find out how many miles are in 10 kilometers, we would draw a line from the point that shows 10 km towards the graph, then across from the graph to miles, and we'd get a reading of 12 miles.
for example, equation y = 4x, this means, the value of 'y' will always be 4 times the value of 'x'
More complex equation such as y = 3x + 5, means that the value of 'y' equals to 5 more triples of value of 'x'
Another example is the conversion graph attached below, it shows the relationship between kilometers and miles. For example, we want to find out how many miles are in 10 kilometers, we would draw a line from the point that shows 10 km towards the graph, then across from the graph to miles, and we'd get a reading of 12 miles.
Answer:
The expected value of the safe bet equal $0
Step-by-step explanation:
If
is a finite numeric sample space and
for k=1, 2,..., n
is its probability distribution, then the expected value of the distribution is defined as
What is the expected value of the safe bet?
In the safe bet we have only two possible outcomes: head or tail. Woodrow wins $100 with head and “wins” $-100 with tail So the sample space of incomes in one bet is
S = {100,-100}
Since the coin is supposed to be fair,
P(X=100)=0.5
P(X=-100)=0.5
and the expected value is
E(X) = 100*0.5 - 100*0.5 = 0