Answer:
-$0.90
Step-by-step explanation:
There are only two possible outcomes, winning $23 (W) or losing $15 (L). Therefore:
![P(W) + P(L) = 1](https://tex.z-dn.net/?f=P%28W%29%20%2B%20P%28L%29%20%3D%201)
The probability of the player making his next 3 free throws (P(W)) is:
![P(W) = \frac{217}{302}*\frac{217}{302}*\frac{217}{302}\\P(W) = 0.37098](https://tex.z-dn.net/?f=P%28W%29%20%3D%20%5Cfrac%7B217%7D%7B302%7D%2A%5Cfrac%7B217%7D%7B302%7D%2A%5Cfrac%7B217%7D%7B302%7D%5C%5CP%28W%29%20%3D%200.37098)
The probability of the player NOT making his next 3 free throws (P(L)) is:
![P(L) = 1 - P(W) = 1 - 0.37098\\P(L) = 0.62902](https://tex.z-dn.net/?f=P%28L%29%20%3D%201%20-%20P%28W%29%20%3D%201%20-%200.37098%5C%5CP%28L%29%20%3D%200.62902)
Expected value (EV) is given by the payoff of each outcome multiplied by its probability:
![EV = (23*0.37098) -(15*0.62902)\\EV = -\$0.90](https://tex.z-dn.net/?f=EV%20%3D%20%2823%2A0.37098%29%20-%2815%2A0.62902%29%5C%5CEV%20%3D%20-%5C%240.90)
The expected value of the proposition is -$0.90
Answer:
-x+5
Step-by-step explanation:
5-5x+4x
= 5+(-5x)+4x
combine like terms:
5+(-5x)+4x
(-5x+4x)+(5)
= -x+5
Answer:
what does the fox
Step-by-step explanation:
rhfiuafb iuf9ednf kmbfgiu
Answer:
A. ![y=-1.2x+59](https://tex.z-dn.net/?f=y%3D-1.2x%2B59)
B. 42.2 million
Step-by-step explanation:
Part A:
Given:
Newspapers circulated in year 2004, ![y_{1}=59\textrm{ million}](https://tex.z-dn.net/?f=y_%7B1%7D%3D59%5Ctextrm%7B%20million%7D)
Newspapers circulated in year 2014, ![y_{2}=47\textrm{ million}](https://tex.z-dn.net/?f=y_%7B2%7D%3D47%5Ctextrm%7B%20million%7D)
Let the time
start at the year 2004. So, ![x_{1}=0](https://tex.z-dn.net/?f=x_%7B1%7D%3D0)
For the year 2014, ![x_{2}=2014-2004=10](https://tex.z-dn.net/?f=x_%7B2%7D%3D2014-2004%3D10)
Therefore, linear relationship between newspapers circulated and time passed since 2004 is given as:
![y-y_{1}=\frac{y_{2}-y_{1}}{x_{2}-x_{1}}(x-x_{1})\\y-59=\frac{47-59}{10-0}(x-0)\\y-59=-\frac{12}{10}x\\y=-1.2x+59](https://tex.z-dn.net/?f=y-y_%7B1%7D%3D%5Cfrac%7By_%7B2%7D-y_%7B1%7D%7D%7Bx_%7B2%7D-x_%7B1%7D%7D%28x-x_%7B1%7D%29%5C%5Cy-59%3D%5Cfrac%7B47-59%7D%7B10-0%7D%28x-0%29%5C%5Cy-59%3D-%5Cfrac%7B12%7D%7B10%7Dx%5C%5Cy%3D-1.2x%2B59)
Therefore, the equation describing the relationship is: ![y=-1.2x+59](https://tex.z-dn.net/?f=y%3D-1.2x%2B59)
Part B:
For the year 2018, ![x=2018-2004=14](https://tex.z-dn.net/?f=x%3D2018-2004%3D14)
Plug in 14 for
in the above equation and solve for
. This gives,
![y=-1.2(14)+59\\y=-16.8+59\\y=42.2](https://tex.z-dn.net/?f=y%3D-1.2%2814%29%2B59%5C%5Cy%3D-16.8%2B59%5C%5Cy%3D42.2)
Therefore, in the year 2018, the newspaper circulation will be 42.2 million.