Complete question :
Suppose someone gives you 8 to 2 odds that you cannot roll two even numbers with the roll of two fair dice. This means you win $8 if you succeed and you lose $2 if you fail. What is the expected value of this game to you? What can you expect if you play 100 times.
Answer:
$0.5 ; win $50 with 100 rolls
Step-by-step explanation:
From a roll of two fair dice; probability of obtaining an even number :
Even numbers = (2, 4, 6) = 3
P = 3 /6 = 1 /2
For 2 fair dice ; probability of rolling two even numbers : independent event.
1/2 * 1/2 = 1/4
Hence, p(success) = 1/4 ; P(failure) = 1 - 1/4 = 3/4
Probability table
Winning = $8 or loss = - $2
X : ____ 8 ______ - 2
P(x) __ 1/4 ______ 3/4
Expected value : E(x) = ΣX*P(x)
E(x) = (8 * 1/4) + (-2 * 3/4)
E(x) = 2 - 1.5
E(x) = $0.5
Since expected value is positive, the expect to win
If played 100 times;
Expected value = 100 * $0.5 = $50
Option A
The simple interest earned over 6 years is $ 4050
<em><u>Solution:</u></em>
Martha invested a principal amount of $15,000 into a savings account that earns simple interest at a rate of 4.5% per year
<em><u>The formula for simple interest is given as:</u></em>
Where, "p" is the principal and "n" is the number of years and "r" is the rate of interest
From given,
p = 15000
r = 4.5 %
n = 6 years
<em><u>Substituting the values we get,</u></em>
Thus simple interest earned over 6 years is $ 4050
Answer:
-8d+3w is the simplest form
Answer:
A. Independent variable
Step-by-step explanation:
The prediction of a variable can be done if we have the independent variable. Which is the required variable that is used to determine the value of the other variable. The variable to be predicted is dependent on the required variable.
An independent variable can also be referred to as a predictor variable. When its value is known, it can be used to obtain the dependent variable.
Answer: Satisfied for n=1, n=k and n=k+1
Step-by-step explanation:
The induction procedure involves two steps
First is
Basic Step
Here we consider that for the value n=1, there is one car and it will always make the full circle.
Induction Step
Since basic step is satisfied for n=1
Now we do it for n=k+1
Now according to the statement a car makes full circle by taking gas from other cars as it passes them. This means there are cars that are there to provide fuel to the car. So we have a car that can be eliminated i.e. it gives it fuels to other car to make full circle so it is always there.
Now ,go through the statement again that the original car gets past the other car and take the gas from it to eliminate it. So now cars remain k instead of k+1 as it's fuel has been taken. Now the car that has taken the fuel can make the full circle. The gas is enough to make a circle now.
So by induction we can find a car that satisfies k+1 induction so for k number of cars, we can also find a car that makes a full circle.
