Answer:
4h30min full rate and 1h30 min reduced rate
So, for 6h of work Liam is owed $ 9×25/2+3×18/2=225/2+32=144.5
<span>As you have two fractions, you can cross multiply them. This gives: x/a = y/b to ay = xb. Then divide both sides by b to isolate x: ay/b = x.</span>
The lottery's anticipated worth is $80.
Given that,
The probability of receiving $125 is 0.25; the likelihood of receiving $100 is 0.3; and the likelihood of receiving $50 is 0.45.
A) EV=125*.2+100*.3+50*.5=$80
The lottery's anticipated worth is $80.
The expected value is obtained by multiplying each result by its likelihood.
The expected value of the lottery is then calculated by adding up all of these.
This is what we have: ;;
125(0.2) + 100(0.3) + 50(0.5) (0.5)
= 25 + 30 + 25 = $80
B) This is the formula for variance is shown in figure :
So, we can calculate the variance as follows:
.2*(125-80)^2+.3*(100-80)^2+.5*(50-80)^2=975
C) A risk-neutral person would pay $80 or less to play the lottery.
To learn more about probability click here:
brainly.com/question/14210034
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Answer:
D AND E
Step-by-step explanation:
Answer:
D, or the last graph.
Step-by-step explanation:
I got it right when I was doing the assignment :)