Answer:
Total possible number of outcomes = C(24,6) [24 choose 6]
=24!/(6!18!)
= 134596
Out of which there is only one winning combination.
Therefore we conclude:
P(win 20000)=1/134596
P(lose 1)=134595/134596
and hence the expected value is:
20000*(1/134596)+(-1)*(134595/134596)
=-114595/134596
=-0.8514 (rounded to four places after decimal)
Step-by-step explanation:
Hope this helped!
Answer: 2.1925153x10 to the 3rd
Step-by-step explanation: hope it helps
Answer:
home inventory
Step-by-step explanation:
the insurance company wants to know what they are going to be insuring
Multiply it out to get 5/7*1/9=5/63. This is an exact value of the product.
First step is to simplify the equation so that it makes our life easier! Since 2^2 is equivalent to 4, we can plug that into the equation. Then we can also simplify 2^4 to 16. Now it should look like this:
(4)(2)/16
Now we can solve. 4(2) = 8 so now we have 8/16. 8/16 simplifies to 1/8 when you divide the numerator and the denominator by 8. So there you go! Your final answer is 1/8! I really hope that helped you out, and happy holidays!
