the correct answer is B &/or D, hope this helped (:
Answer:
$190.50
Step-by-step explanation:
Expected value is the sum of each possible income multiplied by its probability.
There's a 5% chance that the vendor makes $200 and loses $190 (net gain of $10).
There's a 95% chance that the vendor makes $200 and loses $0 (net gain of $200).
So the expected value is:
Exp(RS) = $10 × 0.05 + $200 × 0.95
Exp(RS) = $190.50
Answer:
x=2
Step-by-step explanation:
Answer:
8
Step-by-step explanation:
Just flip it up... it will be 8
Answer:
42
Step-by-step explanation:
x = Ky
18 = K(3)
K = 18/3 = 6
x = 6y
x = 6(7) = 42
