Number 3 is D, number 4 is B, number 5 is B
Answer:
The number of registrants in art workshop is 49.
Step-by-step explanation:
The dance workshop has three times the number of registrants than the art workshop the art workshop has 98 less writings than the dance workshop how many registrations the art workshop has
Let the registrants in the art workshop is p.
The registrants in the dance work shop is 3 p.
According to question,
p = 3p - 98
2 p = 98
p = 49
So, the number of registrants in art workshop is 49.
Expected value of the bet is
the sum of the products of value of outcome and its probability,
less the amount paid to place the bet.
Outcomes value probability
win 225 1/4
lose 0 3/4
cost of bet = 40
So expected value of bet
E[X]=225*(1/4)+0*(3/4)-40
=56.25-40
=16.25
This means that in the long run, gambler will win, since the expected value is positive. (does NOT mean she will win in the next bet!)