Answer:
The expected value of profit is -0.5125. This is expected loss as value is negative.
Step-by-step explanation:
We are given the following in the question:
P(winning) = 0.075
Thus,
P(Loosing) =

If we win we gain a profit of $5.50 and if we loose the lottery, we loose $1.
Thus, we can form the probability distribution in the following manner:
Event: Winning Loosing
Profit(x): +5.50 -1
P(x): 0.075 0.925
We have to calculate the expected value of the profit.

Thus, the expected value of profit is -0.5125. This is expected loss as value is negative.
85 comes immediately before
I got 114 meat balls
i multiplied 25x4 and 7x2 and added the 2
so 114
Answer:
160 cm × 120 cm
Step-by-step explanation:
this means 1 cm turns into 20 cm.
so, 8 cm × 6 cm becomes
8×20 = 160 cm × 6×20 = 120 cm
Answer:
<h3>μₓ = 36,000 dollars</h3><h3>σ ₓ= 1,000 dollars</h3><h3 /><h3>Show work:</h3>
to find μₓ = 36,000 dollars:
Look in the question, it states that the mean is $36,000.
to find σ ₓ= 1,000 dollars:
<h3>

</h3>