When playing roulette at the Venetian casino in Las Vegas, a gambler is trying to decide whether to bet $5 on the number 27 or to bet $5 that the outcome is any one of these five possibilities: 0, 00, 1, 2, 3. From Example 6, we know that the expected value of the $5 bet for a single number is -26. For the $5 bet that the outcome is 0, 00, 1, 2, or 3, there is a probability of 5>38 of making a net profit of $30 and a 33>38 probability of losing $5.
a. Find the expected value for the ​$5 bet that the outcome is 00, 0, or 1.
b. Which bet is​ better: a $5 bet on the number 25 or a $5 bet hat the outcome is any one of the numbers 00, 0, or 1? Why?

Answers

Answer 1

Answer:

Step-by-step explanation:

Given that:

To bet $5 that the outcome is any one of these five possibilities: 0, 00, 1, 2, 3.

Let Y represent the Amount of net profit

Then, Y= {-5, 30}

The probability distribution of Y is:

Y                        -5                        30

P(Y=y)                [tex]\dfrac{33}{38}[/tex]                        [tex]\dfrac{5}{38}[/tex]

a)  The expected value of X is given by:

[tex]E[Y] =\sum y P(Y=y)= 30*\dfrac{5}{38}-5*\dfrac{33}{38}[/tex]

[tex]=-0.39[/tex]

[tex]= -39 \ cents[/tex]

b)

On a bet of $5 on the number 25 we are expected to loose 24 cents.

While on a $5 bet that the outcome is any one of the numbers 0,00, or 1 we are expected to loose 39 cents.

Hence,  $5 bet on the number 27 is better. Because the expected loss is less in this bet


Related Questions

Solve.
2a + 4 > 12
{ala > 2}
{ala > 4}
{ala > 8}
{ala > 10}

Answers

Answer:

b)   a > 4

Step-by-step explanation:

Step(i):-

Given inequality equation

                              2 a + 4 > 12

subtracting ' 4' on both sides , we get

                              2 a + 4 -4 > 12 -4

                               2 a > 8

Step(ii):-

dividing '2' on both sides , we get

                             [tex]\frac{2a}{2} > \frac{8}{4}[/tex]

                             a > 4

Answer:

B

Step-by-step explanation:

Got it right

Saskatchewan Widgets and Manitoba Widgets are two companies that were founded at the same time. Saskatchewan Widgets started 101010 million dollars in debt, and they make a constant yearly profit. After 555 years, they were 666 million dollars in debt. The graph of the balance (in millions of dollars) of Manitoba Widgets as a function of time (in years) is shown below. Which company started with a greater balance?

Answers

Answer:

1.B

2.A

Step-by-step explanation:

Answer:

The answer is

1 B

2 A

Step-by-step explanation:

I did it on khan academy :)

Find the average rate of change of g(x)=2x^4 + 7/x^2 on the interval [-2,4]

Answers

Answer:

  79.78125

Step-by-step explanation:

The average rate of change (m) on an interval [a, b] is found as ...

  m = (g(b) -g(a))/(b -a)

Here, that is ...

  m = (g(4) -g(-2))/(4 -(-2))

  g(-2) = 2(-2)^4 +7/(-2)^2 = 32+7/4 = 33.75

  g(4) = 2(4^4) +7/(4^2) = 512 +7/16 = 512.4375

Then ...

  m = (512.4375 -33.75)/6 = 478.6875/6 = 79.78125

The average rate of change of g(x) on [-2, 4] is 79.78125.

_____

The attached graph verifies the calculation and shows the line with that slope goes through the endpoints of the interval.

Simplify i^15. (imaginary numbers to the 15th power)

Answers

i x i x i x i x i x i x i x i x i x i x i x i x i x i x i

Answer:

Its -i on edge

Step-by-step explanation:

Choose the correct x-intercepts for the following quadratic fiction

Answers

Answer:

Could you please add a photo or the quadratic function?

In the ordered pair (4,3) Does the 3​ indicate how far to travel on the x​ -axis from the origin.

Answers

Answer:

No

Step-by-step explanation:

4 indicates how far to travel on the x-axis while 3 indicates how far to travel in the y-axis

Evaluate how organizations can use one-sample hypothesis testing to determine if there are performance issues in the organization. Support your response with a specific example.

Answers

Answer:

Organizations can use one-sample hypothesis test to determine if there are performance issues in many ways.

It can be applied to the performance of a sector, a machine, a product, an advertising campaing, etc.

For example, we can take the example of a machine. It may be claimed that a specific machine performs significantly worse than the average.

This average would be the population mean: the average performance of the machines of the same type or process.

Then, a sample of the performance of the machine in study is taken and the hypothesis test can be performed to test the claim that this machine performs significantly worse.

Step-by-step explanation:

For example, we have an historic performance for this type of machine of 100 units a day. The machine A in study is sampled 14 days and have a performance of 92 units a day, with a sample standard deviation of 12 units/day. We have to test the claim that the machine A makes less units per day than the average.

Then, the null and alternative hypothesis are:

[tex]H_0: \mu=100\\\\H_a:\mu< 100[/tex]

The significance level is 0.05.

The sample has a size n=14.

The sample mean is M=92.

As the standard deviation of the population is not known, we estimate it with the sample standard deviation, that has a value of s=12.

The estimated standard error of the mean is computed using the formula:

[tex]s_M=\dfrac{s}{\sqrt{n}}=\dfrac{12}{\sqrt{14}}=3.2071[/tex]

Then, we can calculate the t-statistic as:

[tex]t=\dfrac{M-\mu}{s/\sqrt{n}}=\dfrac{92-100}{3.2071}=\dfrac{-8}{3.2071}=-2.4944[/tex]

The degrees of freedom for this sample size are:

[tex]df=n-1=14-1=13[/tex]

This test is a left-tailed test, with 13 degrees of freedom and t=-2.4944, so the P-value for this test is calculated as (using a t-table):

[tex]P-value=P(t<-2.4944)=0.0134[/tex]

As the P-value (0.0134) is smaller than the significance level (0.05), the effect is  significant.

The null hypothesis is rejected.

There is enough evidence to support the claim that machine A produces significantly less units per day than the average.

Each person tries to balance his or her time between leisure and work. The tradeoff is that as you work less your income falls. Therefore each person has indifference curves which connect the number of hours of leisure, l, and income, s. If, for example, you are indifferent between 0 hours of leisure and an income of $1125 a week on the one hand, and 10 hours of leisure and an income of $750 a week on the other hand, then the points l = 0, s = 1125, and l = 10, s = 750 both lie on the same indifference curve.
The table below gives information on three indifference curves, I, II, and III.
Weekly Income Weekly Leisure Hours
I II III I II III
1125 1250 1375 0 20 40
750 875 1000 10 30 50
500 625 750 20 40 60
375 500 625 30 50 70
250 375 500 50 70 90
(a) On a sheet of paper, or using a calculator or other technology, graph the three indifference curves. (You will need these to answer part (d) of this problem.)(b) You have 95 hours a week available for work and leisure combined, and you earn $21.45/hour. Write an equation in terms of l and s which represents this constraint. (c) Graph this constraint with your graph of the indifference curves.(d) Estimate from the graph what combination of leisure hours and income you would choose under these circumstances. What is the corresponding number of hours per week you would work?

Answers

Answer:

.............gcg................

At a sale this week, a sofa is being sold for $153.60 .This is a 76% discount from the original price. What is the original price?

Answers

Answer:

$21473.33

Step-by-step explanation:

Let the original price be x

76% discount gives $153.60

This means 24/100 * x = $153.60

X= 153.60 * 100 /24 = $21473.33

The original price of the sofa is $21473.33.

What is discounted price?

Discount is the difference in price between the selling price of an object and the price listed on the object marked price.

Given that, a sofa is being sold for $153.60, which was on the 76% discount.

Let the original price be x,

x - 76% of x = $153.60,

⇒ 24/100 · x = $153.60

⇒ x = 153.60 · 100 /24 = $21473.33

Hence, the original price of the sofa is $21473.33.

Learn more about discounted price, click;

https://brainly.com/question/19867145

#SPJ2

Find the odds of selecting the later “I” from the word brilliant ?

Answers

Answer:

2/9

Step-by-step explanation:

brilliant

9 letters

2 i in the word

help me wit this pls do now

Answers

Answer:

  see below

Step-by-step explanation:

If x represents the number of dimes, then 2x will represent twice the number of dimes. This is the number of quarters, since there are twice as many quarters as dimes.

There are 6 more nickels than dimes, so the number of nickels is 6 more than x. It is (x+6).

If we use the monetary values in cents, then the total of all coins is ...

  25(2x) +10(x) + 5(x+6) = 485 . . . . . . matches choice D

x^3+3y-xy' = 0

dy/dx = xy^3-xy

Answers

Answer:

dy/dx = xy^3-xy   =

y = ± √2 = ± 1.4142

x  =  0

y  =  0

Step-by-step explanation:

Step  1  : Simplify y/d

Step  2  :  See below

Step  3  :  See below

Pulling out like terms

Trying to factor as a Difference of Squares

Answer:  

y = ± √2 = ± 1.4142

x  =  0

y  =  0

Hope this helps.

Which equation represents the circle shown?
A. (x − 3)2 + (y − 3)2 = 4
B. (x − 3)2 + (y − 3)2 = 16
C. (x + 3)2 + (y + 3)2 = 4
D. (x + 3)2 + (y + 3)2 = 16
E. (x + 4)2 + (y + 4)2 = 3

Answers

B. (x-3)2+(y-3)2=16

Equation of circle is

(x-a)2+(y-b)2=r2

A pyramid has a square base and a height of 6 ft. The volume of the pyramid is 162 ft^3. Let s be the length of a side of the pyramid's base.
A) In terms of s, the area of the base is ____________ .
B) The formula for the volume of a pyramid gives the equation ___________.
C) Solving this equation shows that s = __________

Answers

Answer:

[tex](a)s^2\\(b)162=2s^2\\(c)s=9$ ft[/tex]

Step-by-step explanation:

(a)Base Area

Side length of square base=s

Area of a Square of side length s=[tex]s^2$ ft^2[/tex]

(b)

Height =6 ftVolume=[tex]162 $ ft^3.[/tex]

Volume of a Pyramid[tex]=\frac{1}{3}X$Base Area X Height[/tex]

Substituting the given values, we have:

[tex]162=\frac{1}{3}Xs^2 X 6\\\\162=2s^2[/tex]

(c)Solving the equation derived from (b)

[tex]162=2s^2\\$Divide both sides by 2\\s^2=81\\s^2=9^2\\s=9$ ft[/tex]

Solving this equation shows that s =9 ft.

Cuanto es 32256 dividido para 25 con proceso

Answers

Answer:

49905 dividido por 81 = 616.11

32256 dividido por 25= 1290.24

58308 dividido por 64= 911.06

9218 dividido por 768= 12.0026.

The Bay City Cardinals have won 5 out of 8 games. At the same rate, how many games will they have to play to win 60 games?
plss help asap

Answers

Answer:

is there a photo ?

Step-by-step explanation:

They would need to play a total of 96 games to win 60

Jada works a five hour or 300 minutes shift at a retail store, she gets a 15 minute break what percent of her work shift is her break.

Answers

Answer: 5%

Step-by-step explanation:

15 / 300 = 0.05

0.05 * 100 = 5%

Who ever answers this correctly will get Brainliest, but be quick because I don’t have all the time.

If you cannot see PLEASE PLEASE PLEASE zoom in. I cannot stress this enough. Thank you in advance. Giving out 30 points too!

Answers

Answer:

please refer tp the photo . It s D. 101 in2

Step-by-step explanation:

angela fully charged her laptop, then unplugged it and tracked the battery level at certain times under constant use. the table below shows her findings. find an equation for the line of best fit, then estimate the battery level after two hours of constant use unplugged. What’s the equation we use ? Solution ? Someone please help fast

Answers

Answer:

%=-7t

solution -7% per 1:00

Step-by-step explanation:

Hope this helps

Answer:16

Step-by-step explanation: divded it

please help with this

Answers

Answer:

x² + 12x + 35

Step-by-step explanation:

The area of the blue section is x * x = x².

Pink: x * 7 = 7x

Green: x * 5 = 5x

Orange: 7 * 5 = 35

When we add these up we get x² + 12x + 35. Hope this helps!

Answer: x2 + 12x + 35

Step-by-step explanation:

Area of a rectangle = l x w

A = (x + 7) (x + 5)

= x2 + 5x + 7x + 35

= x2 + 12x + 35

a. Use the​ one-mean t-interval procedure with the sample​ mean, sample​ size, sample standard​ deviation, and confidence level given below to find a confidence interval for the mean of the population from which the sample was drawn.
b. Obtain the margin of error by taking half the length of the confidence interval.
c. Obtain the margin of error by using the formula talpha/2. s/(n)^1/2.
x overbar = 20 n = 25 s = 4 confidence level = 98​%

Answers

Answer:

a) (17.227, 22.773)

b) 2.773

c) 2.773

Step-by-step explanation:

Given:

Sample size, n = 25

Standard deviation, s = 4

Sample mean, x' = 20

Level of significance, a = 0.98 = 1 - 0.98 = 0.02

The degrees of freedom, df, for a t-distribution = n - 1 = 25 - 1 = 24

Using the t table, the Critical value = [tex] t_\alpha _/_2, _d_f = t_0_._0_2_/_2, _2_4 = t_0_._0_1_, _2_4 = 3.4668 [/tex]

Margin of error, E = [tex] t_\alpha _/_2, _d_f * \frac{\sigma}{\sqrt{n}} = 3.4668 * \frac{4}{\sqrt{25}} = 2.773 [/tex]

Limits of 98% confidence interval, we have:

Lower limit : x' - M.E = 20 - 2.773 = 17.227

Upper limit: x' + M.E = 20 + 2.773 = 22.773

Therefore, (17.227, 22.773) is 98% confidence interval.

b) Let's the margin of error by taking half the length of the confidence interval.

Since we are to use half the length of CI, we have:

[tex] M.E = \frac{22.773 - 17.227}{2} = 2.773 [/tex]

c)[tex] M.E = t_\alpha _/_2, _d_f *s/\sqrt{n} [/tex]

[tex] = t * \frac{s}{\sqrt{n}} = 3.4668 * \frac{4}{\sqrt{25}} = 2.773 [/tex]

Which set of ordered pairs represents y as a function of x ?

Answers

Answer:

What Are The Options???

Step-by-step explanation:

100 POINTS PLEASE ANSWER IM BEGGING YOU!!!

Answers

Answer:

A (1/7)

Step-by-step explanation:The square root goes into 1 and 49 turning them into 1 and 7, which means it's a real number and u get A.

Answer:

1/7

Step-by-step explanation:

If you multiply 1/7 by 1/7 you get 1/49. That is why it is the square root.

In a baseball tournament, teams get 5 points for a win, 3 points for a tie and 1 point for a loss Nathan’s team has 29 points how many different combinations of wins ties and losses can Nathan’s team have

Answers

Answer:

37 different combinations

Step-by-step explanation:

First of all, we will count the possible combinations that add up to 29.

-Losses only;

One possibility: 29 losses

-Ties & losses;

Nine possibilities: 1 tie and 26 losses; 2 ties and 23 losses; 3 ties and 20 losses;4 ties and 17 losses; 5 ties and 14 losses; 6 ties and 11 losses; 7 ties and 8 losses; 8 ties and 5 losses; 9 ties and 2 losses

-Wins & losses

Five possibilities: 1 win and 24 losses; 2 wins and 19 losses; 3 wins and 14 losses; 4 wins and 9 losses; 5 wins and 4 losses

Now, what we want to find from the question is number of possibilities for wins, ties, and losses all together. So, we will count up the ties and losses in the remainder for each case of a given number of wins.

Thus;

For 0 Wins: 0 ties and 29 losses; 1 tie and 26 losses; 2 ties and 23 losses; 3 ties and 20 losses;4 ties and 17 losses; 5 ties and 14 losses; 6 ties and 11 losses; 7 ties and 8 losses; 8 ties and 5 losses; 9 ties and 2 losses.

Which sums up to 10 possibilities

For 1 win; 0 ties and 24 losses; 1 tie and 21 losses........8 ties and 0 losses.

Which sums up to 9 possibilities

For 2 wins; 0 ties and 19 losses; 1 tie & 16 losses............ 6 ties and 1 loss.

Which sums up to 7 possibilities

For 3 wins; 0 ties and 14 losses; 1 tie and 11 losses ....... 4 ties and 2 losses.

Which sums up to 5 possibilities

For 4 wins; 0 ties & 9 losses; 1 tie and 6 losses....... 3 ties and 0 losses

Which sums up to 4 possibilities

For 5 wins; 0 ties and 4 losses; 1 tie and 1 loss

Which sums up to 2 possibilities

Thus;

Total number of possibilities of combinations of wins, ties and losses = 10 + 9 + 7 + 5 + 4 + 2 = 37

What’s the correct answer for this?

Answers

Answer:

B

Step-by-step explanation:

Parallel lines this means they have the same slope -4

The coordinate is (0,0) which means x=0 and y=0

So,

Finding b(y-intercept) for the parallel line

y=mx+b

Where y=0, m=-4 and x=0

0=(-4)(0)+b

0=0+b

So

b=0

So slope intercept form of the parallel line is

y=(-4)x+(0)

y=-4x

solve 4 1/2 + 1 3/5.

Answers

Answer:

the answer is 6 1/10

Step-by-step explanation:

Plz I need a lot of help plz solve the answer with an explanation

Answers

Step-by-step explanation:

Each roll has 6 possible outcomes, so two rolls have 36 possible sums.  We can make a table showing what these sums are:

[tex]\left[\begin{array}{ccccccc}&\textbf{1}&\textbf{2}&\textbf{3}&\textbf{4}&\textbf{5}&\textbf{6}\\\textbf{1}&2&3&4&5&6&7\\\textbf{2}&3&4&5&6&7&8\\\textbf{3}&4&5&6&7&8&9\\\textbf{4}&5&6&7&8&9&10\\\textbf{5}&6&7&8&9&10&11\\\textbf{6}&7&8&9&10&11&12\end{array}\right][/tex]

Of the 36 sums, 10 are greater than 8, and 18 are odd.

P(A) = 10/36 = 5/18

P(B) = 18/36 = 1/2

What is the area of a circle with a radius of 6 inches?
9 min.2
12 x in 2
36 x in 2
817 in.2

Answers

The answer would be 113.1

How many solutions does the following equation have ?
-4x - 7+ 103 = -7 +63
Choose 1 answer:
No solutions
B
Exactly one solution
Infinitely many solutions

Answers

Answer:

  Exactly one solution

Step-by-step explanation:

Any linear equation in one variable has exactly one solution.

__

Here, it appears to be x=10.

What is the solution for the equation x2+4=3x+8

Answers

Answer:

Step-by-step explanation:

Let's solve your equation step-by-step.

x2+4=3x+8

Step 1: Subtract 3x+8 from both sides.

x2+4−(3x+8)=3x+8−(3x+8)

x2−3x−4=0

Step 2: Factor left side of equation.

(x+1)(x−4)=0

Step 3: Set factors equal to 0.

x+1=0 or x−4=0

x=−1 or x=4

Answer:

x=−1 or x=4

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