Step-by-step explanation:
the expected value is the sum of all values multiplied by their corresponding probabilities.
and a probability is always
desired cases / totally possible cases.
in the bag are
28 + 6 + 1 = 35 marbles
the probability to pull the gold is
1/35
the probability to pull a silver is
6/35
the probability to pull a black is
28/35 = 4/5
the expected value = $3×1/35 + $2×6/35 - $1×28/35 =
= 3/35 + 12/35 - 28/35 =
= -13/35 = -0.371428571... ≈
≈ -$0.37
that means (like with all games of that kind like all casino games) the bank will win in the long run.
your only chance to win is to play very few times and get a winner by pure chance. the longer you play you might actually hit a winner somewhere in between, but the surer you still lose in total.
Phillip runs a clothes shop, he buys 5 pairs of trousers costing £14 each. These trousers prove not to be a good seller with them being lime green in colour. So he decides to sell them at a cut price of 2 pairs for £10 each and 3 pairs for £6 each. Calculate Phillips percentage loss on the trousers
Phillips percentage loss on the trousers is 45.7%.
What is loss percentage?
The term "loss percentage" describes the proportion of loss on any given commodity. Additionally known as percentage loss. When a loss is represented or quantified as a percentage, it is referred to as a loss percentage. The formula for calculating loss percentage is the ratio of losses incurred to costs multiplied by 100 because percentage losses are expressed as a percentage of real cost price. The area of basic mathematics known as "profit and loss" is concerned with the analysis of the gains and losses incurred in commercial transactions.
Here the cost price of 5 trousers = £ 14 each
Then , Total cost price = 14*5 = £70.
Now he sells 2 pairs for £10 each.
Then selling price of 2 pairs = 2*10 =£20
Now 3 pairs for £6 for each .Then,
Selling price of 3 pairs = 3*6 = £18.
Total selling price of 5 trousers = 20+18=£38.
Now using loss percentage formula ,
=> loss percentage = ( cost price-selling price)/ cost price *100
=> loss percentage = (70-38)/70 *100
=> Loss percentage = 32/70 *100
=> loss percentage = 45.7%.
Therefore Phillips percentage loss on the trousers is 45.7%.
To learn more about loss percentage refer the below link
https://brainly.com/question/26754747
#SPJ1
what is the volume of a box that will hold exactly 67 of these cubes with 1/3 inch sides
I require help for #34
Answer:
1.059
Step-by-step explanation:
You could either enter the log directly into your calculators but if you calculator only allows you to use log base 10, you would need to use the change of base formula, which is
\(log_{b}a=\frac{log_{c}a }{log_{c} }\), where c is 10 since its the common log.
Thus, we have
\(\frac{log(5.5)}{log(5)}=1.059219544=1.059\)
You and your friend's choice to take a bus back home, each 2 miles you have to pay 60 cents, write this in an Equation
Answer:
Step-by-step explanation:
Let x be the number of miles you and your friend travel.We know that the cost of the bus ride is 60 cents per mile, so the total cost of the trip is 60 * x.This can be written as an equation as follows:Cost = 60 * xOr, more simply:Cost = 60xThis equation represents the relationship between the number of miles you and your friend travel and the cost of the trip. As the number of miles increases, the cost of the trip also increases at a rate of 60 cents per mile.
Part 1 of 2
Write a function rule for the area of a rectangle whose length is 8 ft more than its width. What is the area of the rectangle when its width is 12 ft?
Function rule for area of a rectangle whose length is 8 ft more than its width is y =x² +8x and area of rectangle when width= 12 ft is 240 ft².
As given,
Let x be the width of rectangle
y be the area
length=x +8
Area=length × width
⇒y=(x+8)x
⇒y=x² +8x
When x=12ft
y=12² + 8(12)
= 240 ft²
Therefore, function rule for the area of a rectangle whose length is 8 ft more than its width is y =x² +8x and area of rectangle when its width = 12 ft is 240 ft².
Learn more about area here
brainly.com/question/27683633
#SPJ1
How can you prove a triangle is a right triangle? (4 points)
a
Use the distance formula to see if at least two sides are congruent.
b
Use the slope formula to see if any sides are perpendicular.
c
Use the distance formula to see if all three sides are congruent.
d
Use the slope formula to see if any sides are parallel.
Answer:
a
Use the distance formula to see if at least two sides are congruent.
Step-by-step explanation:
If the square of the length of the longest side of a triangle is equal to the sum of the squares of the other two sides, then the triangle is a right triangle
Write 3 1/5 as a decimal
Answer:
3.2
Step-by-step explanation:
3 1/5 = 3 + 1/5
Calculate 1/5: 1/5 * 20/20 = 20/100 = 0.2
3 + 0.2 = 3.2
Hope this helps :)
Have a great day!
How are triangleABC and triangle ADE related? How do you know pls explain.
Triangle ABC and ADE are similar triangles
What are similar triangles?Similar triangles have the same corresponding angle measures and proportional side lengths.
This means that for two triangles to be similar, the corresponding angles must be equal and the ratio of corresponding sides of similar triangles are equal.
It has been shown that angles in ABC and ADE are equal.
To show that the ratio of corresponding sides are equal
6/12 = 8/16 = 10/20
The ratios all give a value of 1/2
Therefore we can say that the triangles ABC and ADE are similar.
learn more about similar triangles from
https://brainly.com/question/14285697
#SPJ1
Norris Company uses the perpetual inventory system and had the following purchases and sales during March.
Using the inventory and sales data above, calculate the value assigned to cost of goods sold in March and to the ending inventory at March 31 using FIFO and LIFO
FIFO
Cost of goods sold: $____
Ending inventory: $____
LIFO
Cost of goods sold: $____
Ending inventory: $____
FIFO - March cost of goods sold = $13,050. March 31 inventory = $7,350. LIFO - March cost of goods sold = $14,600. March 31 inventory = $5,800.
To calculate March cost of goods sold we need to add the given data for FIFO =
March cost of goods sold
= (2,800 + 3,700 + 6,550)
= 13,050
To calculate March cost of goods sold we need to add the given data for LIFO =
March cost of goods sold
= (3,400 + 4,400 + 6,800)
= 5,800
Sales data refers to the information collected and recorded about the transactions that occur when a business sells products or services to customers. This data typically includes details such as the date and time of the sale, the products or services sold, the quantity sold, the price paid, and the customer's information. Sales data is crucial for businesses as it helps them understand their sales performance, identify trends and patterns and make informed decisions about their pricing, marketing and inventory management strategies.
To learn more about data click here
brainly.com/question/29122373
#SPJ1
Which letter represents the maximum of the data set on the box plot?
А
B
C
D
E
25
30
35
40
45
50
B.
0.
ОООО
D
E
The boxplot required to answer the question has been attached below
Answer:
E
Step-by-step explanation:
The maximum value on a box plot can be obtained by taking the value at the end of the whisker positioned to the right of the box in the boxplot. From the boxplotvgiven above, the maximum value provided by the endpoint of the right hand side whisker is 48. The 48 point mark is labeled as E in the plot.
Hence, the letter depicting the maximum value position on the box plot is the letter E
each function
f(x)=-4x-5;
ion for
Find ƒ(1)
for the given
When x is equal to 1, the Function f(x) = -4x - 5 yields a value of -9.
The find ƒ(1) for the function f(x) = -4x - 5, we need to substitute x = 1 into the function and evaluate the expression.
Replacing x with 1, we have:
ƒ(1) = -4(1) - 5
Simplifying further:
ƒ(1) = -4 - 5
ƒ(1) = -9
Therefore, when x is equal to 1, the value of the function f(x) = -4x - 5 is ƒ(1) = -9.
Let's break down the steps taken to arrive at the solution:
1. Start with the function f(x) = -4x - 5.
2. Replace x with 1 in the function.
3. Evaluate the expression by performing the necessary operations.
4. Simplify the expression to obtain the final result.
In this case, substituting x = 1 into the function f(x) = -4x - 5 gives us ƒ(1) = -9 as the output.
It is essential to note that the notation ƒ(1) represents the value of the function ƒ(x) when x is equal to 1. It signifies evaluating the function at a specific input value, which, in this case, is 1.
Thus, when x is equal to 1, the function f(x) = -4x - 5 yields a value of -9.
For more questions on Function .
https://brainly.com/question/11624077
#SPJ8
2 x - 5 + 7 y - 3 = 9 x - 1 - y -8 Solve For X AND Y (SHOW WORK PLEASE)
(Just so people can get points :D)
Answer:
\(\large\boxed{\sf x = \frac{8y+1}{7} }\)
\(\large\boxed{\sf x = \frac{7x-1}{8} }\)
Group the Variable's:
2 x - 5 + 7 y - 3 = 9 x - 1 - y -8
2x -9x + 7y +y = -1 -8 +5 + 3
-7x + 8y = -1
From this find x and y
For X
-7x + 8y = -1
-7x = -1 -8y
7x = 8y + 1
x = (8y +1)/7
For Y
-7x + 8y = -1
8y = -1 +7x
y = (7x -1)/8
A company produces two products: A and B. The relative market values at the split-off point are not available. For every $300,000 of joint costs, Product A produces 10,000 pounds, and Product B produces 40,000 pounds. The amount of joint costs allocated to Product B using the physical quantities method is $
The joint costs allocated to Product B is $240,000.
What is amount of joint costs allocated to Product B?We must allocate joint costs based on the relative physical quantities produced by each product.
The total physical quantity produced by both products is:
= Quantity of A + Quantity of B
= 10,000 + 40,000
= 50,000 pounds
We will calculate the proportion of physical quantity produced by product A:
= Quantity of B / Total physical quantity
= 40,000 / 50,000
= 0.8
The amount of joint costs allocated to Product B is will be
= Total joint costs x Proportion of
= $300,000 x 0.8
= $240,000.
Read more about Joint cost
brainly.com/question/31392604
#SPJ1
Enter the value of some ergoession 34+) is equinient to 3=o).
Answer:
1/27
Step-by-step explanation:
Answer:
1/27 is correct give brainliest to fist respond
what is a unbiased die?
Answer:
I think in 1927
Step-by-step explanation:
I'm probably wrong but I think that's the answer
Answer:
An unbiased die means that there is an equal chance that you will land on any of the faces of the die when it is rolled. When you roll an unbiased die, each face has a 1/6 chance of showing up. (That is, if you're using a six-sided die)
PLS LOOK AT PHOTO
HELPPP ASAP!!!
[6 11 -47
1
-5
6 8 -5
3 -9 6
Match each value to the correct entry in matrix AB.
[5 7
54
A = 4 -1
27
23
and B= 2
The matrix is 3 × 3 square matrix . Its values are:
\(a_{11} = 50 \\ a_{12} = 44 \\a_{13} = -43 \\a_{21} = 31 \\a_{22} = 16 \\a_{23} = 7 \\a_{31} = 37 \\a_{32} = 119 \\a_{33} = 94\)
Given,
Matrix A and Matrix B
Now,
According to matrix multiplication rule first row of one matrix will be multiplied with first column of second matrix if the columns in first matrix is equal to the rows of second matrix.
So,
Apply multiplication rule,
\(a_{11} = 30 + 14 + 6 = 50 \\ a_{12} = 55 + 7 - 18 = 44 \\a_{13} = -20 -35 + 12 = -43 \\a_{21} = 24 - 2 + 9 = 31 \\a_{22} = 44 -1 -27 = 16 \\a_{23} = -16 + 5 + 18 = 7 \\a_{31} = 36 + 16 - 15 = 37 \\a_{32} = 66 + 8 + 45 = 119 \\a_{33} = -24 -40 -30 = -94\)
Thus the values of the matrix can be calculated.
Learn more about Matrix property,
https://brainly.com/question/32130263
#SPJ1
Please help me a soon as possible. See the graph.
The evaluation of the limits of the piecewise function at the specified intervals are as follows;
\(\lim\limits_{x\to2^+}\frac{f(x) -1}{f(x + 4)} = -2\)
\(\lim \limits_{x\to 1^-}f(f(x) + 1) = 11\)
\(\lim\limits_{h\to 0}\frac{f(6+h) - f(6)}{h} = 2\)
What is a piecewise function?A piecewise function is a function with rules or definition of the function based on the interval of the function.
The equation representing the piece wise function at x → 2⁺, can be found as follows;
Points on the graph of the function are; (3, 2), and (4, 1)
Slope of the graph of the function = (1 - 2)/(4 - 3) = -1
Equation of the function is; y - 2 = -1·(x - 3) = 3 - x
y = 3 - x + 2 = 5 - x
y = 5 - x
y = f(x) = 5 - x
f(x) - 1 = 5 - x - 1 = 4 - x
f(x) - 1 = 4 - x
f(x + 4) = 5 - (x + 4) = 5 - x - 4 = 1 - x
f(x - 4) = 1 - x
\(\frac{f(x) - 1}{f(x + 4)} = \frac{4 - x}{1 - x}\)
\(\lim\limits_{x\to 2^+}\frac{f(x) - 1}{f(x + 4)} = \frac{4 - (2)}{1 - 2} = \frac{2}{-1}= -2\)The coordinate points on the piecewise function at x → 1⁻ are; (0, 3), and (1, 4)
The slope of the graph is; (4 - 3)/(1 - 0) = 1
The equation is; y - 3 = x
y = f(x) = x + 3
f(f(x) + 1) = f((x + 3) + 1) = f((x + 3) + 3 + 1) = f(x + 7)
f(x + 7) = (x + 7 + 3) = x + 10
\(\lim \limits_{x \to 1^{-1}} f(f(x) + 1) = 1 + 10 = 11\)The points on the piecewise function at x = 6 are; (5, 2), and (7, 6)
The slope is; (6 - 2)/(7 - 5) = 2
The equation is; y - 2 = 2·(x - 5) = 2·x - 10
y = 2·x - 10 + 2 = 2·x - 8
y = f(x) = 2·x - 8
f(6 + h) = 2·(6 + h) - 8 = 12 + 2·h - 8 = 4 + 2·h
f(6) = 2 × 6 - 8 = 4
f(6 + h) - f(6) = 4 + 2·h - 4 = 2·h
\(\frac{f(6 + h) - f(6)}{h} = \frac{2\cdot h}{h}= 2\)
The limits of the function is therefore;
\(\lim \limits_{h\to 0}\frac{f(6 + h) - f(6)}{h} = 2\)Learn more on the limits of a function here: https://brainly.com/question/30460469
#SPJ1
Using the segment addition postulate, which is true?
A number line going from negative 9 to positive 9. A closed circle appears at negative 6 and is labeled A. A closed circle appears at negative 1 and is labeled B. A closed circle appears at positive 2 and is labeled C. A closed circle appears at positive 8 and is labeled D.
AB + BC = AD
AB + BC = CD
BC + CD = AD
BC + CD = BD
Answer:
it is AB+bc to the nearest 100
Step-by-step explanation:
it is divided by 2
help me answer this please
Answer:
3,952 ft
Step-by-step explanation:
Use the sine function since you need to find the hypotenuse but know the opposite side of the angle, since sine is equal to opposite/hypotenuse.
sin8°=\(\frac{550}{c}\)
csin8°=550
c=550/sin8°
c= 3,952
There is an upcoming election for student council president at a high school. Candidate A must get over 50% of the vote against Candidate B to be elected. A poll was taken of a random sample of 80 students from the high school and 44 students said they would vote for Candidate A. Simulations were done with an assumption that the population is split 50-50 using a sample size of 80 to see how likely a sample of 80 would have 44 who preferred Candidate A. The results of 200 simulations are shown below. Create an interval containing the middle 95% of the data based on the data from the simulation, to the nearest hundredth, and state whether the observed proportion is within the margin of error of the simulation results.
The interval containing the middle 95% of the data based on the simulation results is approximately (0.35, 0.65), and the observed proportion of 0.55 falls within this interval, indicating that it is within the margin of error of the simulation results.
To create an interval containing the middle 95% of the data based on the simulation results, we can calculate the lower and upper bounds of the interval.
Let's analyze the simulation results and find the appropriate values.
Out of 200 simulations, we observe that the proportion of students who preferred Candidate A ranges from a minimum of 0.35 (35%) to a maximum of 0.65 (65%).
Since the simulations assume a 50-50 split, we can consider these values as the lower and upper bounds for the middle 95% of the data.
To find the range of the middle 95% of the data, we calculate the difference between the upper and lower bounds.
Upper bound: 0.65
Lower bound: 0.35
Range: 0.65 - 0.35 = 0.30
To find the interval containing the middle 95% of the data, we divide the range by 2 and add/subtract it from the midpoint.
The midpoint is the average of the upper and lower bounds.
Midpoint: (0.65 + 0.35) / 2 = 0.50
Range / 2: 0.30 / 2 = 0.15
Lower bound of the interval: 0.50 - 0.15 = 0.35
Upper bound of the interval: 0.50 + 0.15 = 0.65
Therefore, the interval containing the middle 95% of the data based on the simulation results is approximately (0.35, 0.65).
Now let's compare the observed proportion from the poll to this interval. The poll indicates that out of a random sample of 80 students, 44 students said they would vote for Candidate A.
To calculate the observed proportion, we divide the number of students who preferred Candidate A (44) by the sample size (80).
Observed proportion: 44/80 = 0.55
The observed proportion of 0.55 is within the margin of error of the simulation results.
It falls within the interval (0.35, 0.65), indicating that the observed proportion is consistent with the simulation and aligns with the assumption of a 50-50 split in the population.
For similar question on interval.
https://brainly.com/question/17097944
#SPJ8
how would someone use the cross product property on an equation with 3 different values instead of two? I provided an example image
Using the cross product for the proff of Pythagoras theorem, the correct step is
By the cross product property, AB² = BC multiplied by BD
What is cross product propertyThe cross product property is typically used to solve equations with two values, where the product of the extremes (the outer terms) is equal to the product of the means (the inner terms).
For the similar triangles, the ratio is as follows
BD / BA = BA / BC
BA² = BD * BC
and AB = BA, hence
BA² = BD * BC
Learn more about cross product property at
https://brainly.com/question/14308624
#SPJ1
Multiply the product
(m+3)(m-3)
Answer:
The answer to (m+3)(m-3) is m^2-9.
Step-by-step explanation:
We will use distributive law to solve this question.
m(m-3)+3(m-3)
= m^2-3m+3m-9
= m^2-9 (since, 3m-3m=0)
As an alternative method, we can use the direct rule learned in algebra: (a+b)(a-b)=a^2-b^2.
so, here a=m and b=3.
(m+3)(m-3)
=m^2-3^2
=m^2-9
-9x - y = -14
-2x + y = 3
Answer: x = 1 , y = 5
Step-by-step explanation:
The graph of � = ∣ � ∣ y=∣x∣y, equals, vertical bar, x, vertical bar is shifted down by 9 99 units and to the right by 4 44 units. What is the equation of the new graph? Choose 1 answer: Choose 1 answer: (Choice A) � = ∣ � − 9 ∣ − 4 y=∣x−9∣−4y, equals, vertical bar, x, minus, 9, vertical bar, minus, 4 A � = ∣ � − 9 ∣ − 4 y=∣x−9∣−4y, equals, vertical bar, x, minus, 9, vertical bar, minus, 4 (Choice B) � = ∣ � − 4 ∣ − 9 y=∣x−4∣−9y, equals, vertical bar, x, minus, 4, vertical bar, minus, 9 B � = ∣ � − 4 ∣ − 9 y=∣x−4∣−9y, equals, vertical bar, x, minus, 4, vertical bar, minus, 9 (Choice C) � = ∣ � − 4 ∣ + 9 y=∣x−4∣+9y, equals, vertical bar, x, minus, 4, vertical bar, plus, 9 C � = ∣ � − 4 ∣ + 9 y=∣x−4∣+9y, equals, vertical bar, x, minus, 4, vertical bar, plus, 9 (Choice D) � = ∣ � − 9 ∣ + 4 y=∣x−9∣+4y, equals, vertical bar, x, minus, 9, vertical bar, plus, 4 D � = ∣ � − 9 ∣ + 4 y=∣x−9∣+4
An equation of the new graph is: A. y = ∣x - 4∣ - 9.
What is a translation?In Mathematics and Geometry, the translation of a graph to the right simply means a digit would be added to the numerical value on the x-coordinate of the pre-image:
g(x) = f(x - N)
Conversely, the translation of a graph downward simply means a digit would be subtracted from the numerical value on the y-coordinate (y-axis) of the pre-image:
g(x) = f(x) + N
Since the parent function y = ∣x∣ was translated 4 units to the right and 9 units down in order to produce the graph of the image, we have:
y = ∣x - 4∣ - 9
Read more on function and translation here: brainly.com/question/31559256
#SPJ1
Missing information:
The question is incomplete and the complete question is shown in the attached picture.
the graph shows the voltage in a circuit changing as temperature increases from 100° to 600°. which is the best estimate for the rate of change of the voltage over the interval?
1.5 volts
3 5 volts
5.5 volts
7.5 volts
Answer:
3.5?
Step-by-step explanation:
The best estimate for the rate of change of the voltage over the interval will be 3.5 volts. Then the correct option is B.
What is the average rate change of a function?It is the average amount by which the function is modified per unit throughout that time period. It is calculated using the gradient of the line linking the interval's ends on the graph that represents the function. The average rate of change of the function is given as,
Average rate = [f(x₂) - f(x₁)] / [x₂ - x₁]
The graph shows the voltage in a circuit changing as temperature increases from 100° to 600°.
We know that v = 1750 at t = 600° and v = 0 at t = 100°. Then the Average rate of change is given as,
Average rate = (1750 - 0) / (600 - 100)
Average rate = 1750 / 500
Average rate = 3.5
The best estimate for the rate of change of the voltage over the interval will be 3.5 volts. Then the correct option is B.
More about the average rate change of a function link is given below.
https://brainly.com/question/23715190
#SPJ2
PLZZZ HELP!!!!!!!!!1
What is the median and Q1 of the data set represented on the plot?
Median = 30; Q1 = 20
Median = 33; Q1 = 20
Median = 30; Q1 = 25
Median = 33; Q1 = 25
Answer:
i cant put the picture
Step-by-step explanation:
d. Median=33;Q1=25 the median is represented by the line in between the two boxes. Q1 is represented by the line on the far left of the box in the picture Q1 is marked for quadrent 1 and m is for median
Malcolm has $50 gift card to a local car wash and order is the ultimate car wash each visit is $8.95
The amount cheaper is the car washes Malcolm orders than the car washes Martha's order is $13.
The correct answer choice is option B.
How much cheaper is the car washes Malcolm orders than the car washes Martha's order?Malcolm's gift card = $50.
Cost Malcolm's car wash per visit = $7
Martha's gift card = $180
Cost Martha's car wash per visit = Difference between gift card balance of first and second visit
= $180 - $160
= $20
How cheap is the car washes Malcolm orders than the car washes Martha's order = $20 - $7
= $13
Therefore, Malcolm's car wash is cheaper than Martha's car wash by $13
The complete question is attached in the diagram.
Read more on graphs:
https://brainly.com/question/19040584
#SPJ1
In New York City at the spring equinox there are 12 hours 8 minutes of daylight. The
longest and the shortest days of the year vary by 2 hours 53 minutes from the equinox.
In this year, the equinox falls on March 21. In this task, you'll use a trigonometric function
to model the hours of daylight hours on certain days of the year in New York City.
Identify the independent and dependent variables find amplitude and the period of the function create a trigonometric function that describes the hours of sunlight for each day of the year and then use the function you built to find how fewer daylight hours February 10 will have then March 21
Answer:
independent: day number; dependent: hours of daylight
d(t) = 12.133 +2.883sin(2π(t-80)/365.25)
1.79 fewer hours on Feb 10
Step-by-step explanation:
a) The independent variable is the day number of the year (t), and the dependent variable is daylight hours (d).
__
b) The average value of the sinusoidal function for daylight hours is given as 12 hours, 8 minutes, about 12.133 hours. The amplitude of the function is given as 2 hours 53 minutes, about 2.883 hours. Without too much error, we can assume the year length is 365.25 days, so that is the period of the function,
March 21 is day 80 of the year, so that will be the horizontal offset of the function. Putting these values into the form ...
d(t) = (average value) +(amplitude)sin(2π/(period)·(t -offset days))
d(t) = 12.133 +2.883sin(2π(t-80)/365.25)
__
c) d(41) = 10.34, so February 10 will have ...
12.13 -10.34 = 1.79
hours less daylight.
There is a 0.9989 probability that a randomly selected 29-year-old male lives through the year. A life insurance company charges $197 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $100,000 as a death benefit.
Required:
a. From the perspective of the 29-year-old male, what are the monetary values corresponding to the two events of surviving the year and not surviving?
b. If the 29-year-old male purchases the policy, what is his expected value?
c. Can the insurance company expect to make a profit from many such policies? Why?
Answer:
A) - Value that corresponds to surviving the year would be: $-197
- Value Corresponding to not surviving = $98803
B) $-88.1
C) Yes, because the insurance company expects to make an average profit of $88.1 on every 29 year-old male that it insures for 1 year.
Step-by-step explanation:
A) We are told that the life insurance company charges $197 for insuring that the male will live through the year.
Thus, the value that corresponds to surviving the year would be: $-197 since amount that's paid out is $-197
We are told that the policy pays out $100,000 as a death benefit.
Therefore, the value that corresponds to not surviving the year is:
$100000 - 197 = $98803
B) From complement rule in probability;
P(not surviving) = 1 - P(surviving) = 1 - 0.9989 = 0.0011
Expected value would be;
μ = Σx•P(x) = (98803 × 0.0011) + (-197 × 0.9989) = $-88.1
C) Yes, because the insurance company expects to make an average profit of $88.1 on every 29 year-old male that it insures for 1 year.
Arithmetic or geometric 18,13,8
Answer:
That is Arithmetic
Step-by-step explanation:
Arithmetic Sequence is described as a list of numbers, in which each new term differs from a preceding term by a constant quantity. Which is -5 in this case.
Hope this helps