In a casino in Atlantic City, there are two slot machines: one that pays out 10 % of the time, and one that pays out 20 % of the time. Obviously, you would like to play on the machine that pays out 20 % of the time but you do not know which of the two machines is the more generous. You thus adopt the following strategy: you assume initially that the two machines are equally likely to be the generous machine. You then select one of the two machines at random and put a coin into it. Given that you lose that first bet estimate the probability that the machine you selected is the more generous of the two machines.
1. What do I know?
2. What do I want to find out?
3. What do I expect the answer to be?
4. How do I go from what I know to what I want to find?
5. Is the answer consistent with what I expected?

Answers

Answer 1

Answer:

probability = 0.5294

1) what i know is that there are two machines

2) the probability of choosing a machine that pays 20% of the time

3) expected answer = 0.5294 = 52.94%

4) buy making some assumptions while making the calculations

5) yes

Step-by-step explanation:

Given data:

Number of machines = 2

Assuming probability of machine 2 = 20% = 0.20

Assuming probability of machine 1 = 10%  = 0.10

since both machines have the ability to be generous i.e. pay 20% all the time

P( machine 1 is generous ) = P( machine 2 is generous ) = 0.5

this is since there are only two machines

hence find the probability that the chosen machine ( machine 1 ) is the generous machine after the player losses its first bet

P ( Machine 1 is generous | first bet lost )

= [tex]\frac{P( machine 1 is generous n lost) }{p(lost)}[/tex]   = [tex]\frac{(1-p(pays|machine 1 is generous))*p(machine 1 is generous)}{[((1-0.10)*0.5)+ ((1-0.20)*0.5)]}[/tex]

= [tex]\frac{(1-0.10)*0.5}{0.85}[/tex]  = 0.5294

This the probability that Machine 1 is generous after the player losses the first bet

1) what i know is that there are two machines

2) the probability of choosing a machine that pays 20% of the time

3) expected answer = 0.5294 = 52.94%

4) buy making some assumptions while making the calculations

5) yes

         


Related Questions

Write the expression in simplest form
50 - 62c +38-43c I’m confused on how to solve this problem need help ASAP

Answers

Answer:

88 - 105c

Step-by-step explanation:

Hey there!

Step 1: Collect like terms.

(50 + 38) + (-62c - 43c)

Step 2: Simplify.

88 - 105c

~I hope I helped you! :)~

Answer: 88-105c

Step-by-step explanation:

Combine like terms

Which equation has exactly one solution?
A. 4x – 4 + 2x = 6x - 4
B. 3x + 5 = 2x - 6
C. 2(4x + 5) = 8x + 10
D. 4x - 8 = 4(x - 4)

Answers

Answer:

its B

Step-by-step explanation:

I calaulated all the numbers

wolverine and cyclops ordered large pizzas for dinner. Wolverine ate 1-3/8 pizzas and cyclops ate 1/12 of a pizza. which of the following statements is true

Answers

Answer:

What statements are you talking about

Step-by-step explanation:

Solve for x.
bx-10=8

Answers

Answer: x = 18/b

................................

Answer:

you can put your answer as 9 or 2

Step-by-step explanation:

PLEASE HELPP!!!!! Will mark you as Brainliest!!!!

Answers

Answer:

Yes! if this was an option then this one would be correct

Step-by-step explanation:

In order to see if the ordered pair are a function you could graph them, or you could look at the x-values and see if there are any duplicates. in this case there are not.

High Hopes^^

Barry-

A pyramid has a square base with an area of 169 ft.2. What is the perimeter of the base of the pyramid?

Answers

Answer:338

Step-by-step explanation:

169/2 = 84.5 (base is 84.5) 84.5 * 4 (sides) = 338

Answer:

:)

Step-by-step explanation:

52

Sq rt(169) - 13

13 is the side length

13*4=52

You purchased a stock at a price of $51.17. The stock paid a dividend of $1.75 per share and the stock price at the end of the year was $56.79. What was the total return for the year?

Answers

Answer: i think it is 109.51

Step-by-step explanation:

Solve for x: x + b = C​

Answers

Answer:

x=C-b

Step-by-step explanation:

Subtract b from both sides to get x alone.

one more than a number

Answers

Answer:

x+1

Step-by-step explanation:

0.00062 as a scientific notation

Answers

Answer:

6.2 x 10^-4

Step-by-step explanation:

Since it is a decimal you would move the decimal point to the right. Making the exponent a negative number.

A fraction is ?

Please help

Answers

Answer:

In mathematics, a fraction is a number that represents a part of a whole. It consists of a numerator and a denominator. The numerator represents the number of equal parts of a whole, while the denominator is the total number of parts that make up said whole

Answer:

A fraction represents a part of a whole or, more generally, any number of equal parts. When spoken in everyday English, a fraction describes how many parts of a certain size there are, for example, one-half, eight-fifths, three-quarters.

How many liters are in 260 ounces?

Answers

Answer:

7.68912

Step-by-step explanation:

The answer is ->7.68912

Can someone plz help me

Answers

Answer:

Your table might look something like this:

The dads steps:

3

6

9

12

15

18

Sons steps:

5

10

15

20

25

30

You can notice the pattern. If dad walks 3 steps, son walks 5. If dad walks another 3, son walks another 5. And so on. This means dad walks 12 steps when the sin walks 20 steps.

Step-by-step explanation:

The ratio is 3:5. This means dad wlaks 3 steps so son must walk 5 steps basically. So.......... You can now create the table. Y I just have to multiply or divide each side ( of the colon:) so. Whatever you do to one side, you do to the other side. If you x3 on one side, you do it to other. Same goes for division. In the 'table' I did above, I x2 to get 6 and 10. Then I took the 3 and the 5 again and timsed those by 3. You can also change the 6 and the 10. So:

3:5

Then x2

6:10

Then I take the top layer (you can either choose to change the top layer, or layer above as long as you do the same thing to each side. Remember, only x and ÷. No + or-.) and I x3

9:15

Then I could take 9 and 15 and x5

45:75

It's crazy that all these. Ratios mena the same thing! 45 steps from dad would take the son 75 steps. You can also divide the last ratio of 45:75 to find the one you started with, 3:5.

So you get the idea.

It is probably best to do what I did in the table in the answer part because I did a pattern. Take the top layer, and x2, then x3, then x4, ect. Rather then doing random things.

Can somebody help me find the perimeter of this figure?

Answers

Answer: P = 64in,

Step-by-step explanation:  P = 17 + 13 + 25 + 9

1.) Expand and simplify (6x-7)+(x-3)+(4x-5) *
a.)11x-5
b.)11x-15
c.)10x-15
d.)10×1

Answers

Answer:

the answer is b 11x-15

Step-by-step explanation:

your collecting like terms then combining them

Solve x^2 - 4x +18= 0 by completing the square.

Answers

Answer:

Your answer is: x = 2 ± i√14

Step-by-step explanation:

Hope this helped : )

A train travels 100 miles per minute. One mile is about 1.61 kilometers and 1 hour is 60 minutes.
Convert train's speed in kilometers per hour?

Answers

161 kilometers per hour

Answer:

9660 kn per hour

Step-by-step explanation:

20 + 3 (7 + 4) + 5 + 2 (7 + 9)

Answers

Answer:

90

Step-by-step explanation:

i did the math hope this helps you out

Find the missing side of the triangle !!!
HELP MEEE!!!!!!!!!!!!!!

Answers

The answer would be 10

PLEASE ANWSER RIGHT AND U WILL GET BRAINLIEST the fraction 5/4 is an example of an improper fraction a proper fraction or a mixed number ​

Answers

Answer:

It is a proper fraction

Step-by-step explanation:

The correct answer is improper

The area of the top face of a cube is 16 square inches. Use 8 of these cubes to make a rectangular
prism. What is the volume of the rectangular prism? Hint: The shape of each face of a cube is a
square.

Answers

Answer:

The volume of the rectangular prism is 512 inches³

Step-by-step explanation:

Any cube has 6 square faces

Area of any square = L × L, where L is a length of each side

The volume of the cube = L × L × L

∵ The area of the top face of a cube = 16 inches²

→ Find which number multiply by itself = 16

∵ 16 = L × L

∵ 16 = 4 × 4

L = 4 inches

Let us find the volume of 1 cube

∵ The volume of the cube = L × L × L

∵ L = 4 inches

∴ The volume of each cube = 4 × 4 × 4

The volume of each cube = 64 inches³

∵ We will use 8 of this cube to make a rectangular prism

→ That means the volume of the rectangular prism is 8 times

   the volume of 1 cube

∴ The volume of the prism = 8 × volume of 1 cube

∵ The volume of each cube = 64 inches³

∴ The volume of the prism = 8 × 64

The volume of the prism = 512 inches³

The volume of the rectangular prism is 512 inches³

I need help on this ASAP

Answers

Answer:

ITZ A

Step-by-step explanation:

I need help please! this is on EDGE2020 !

Answers

Answer:

D

Step-by-step explanation

A. there are 6 triangles so not this

B. Only 2 rectangles

C. 6 triangles once again

D. everything matches

Answer:

for every 6 triangles there are 2 rectangles

What are the partial products of 73 × 8

Answers

The partial products of 73 x 8 is = 584

What is partial product?

The partial products algorithm allows students to multiply two long numbers fast and easily by breaking down a more challenging product into a series of simpler problems.

Steps to calculating the partial product for 73 x 8

(70 +3 ) * (8)

= 70 x 8  = 560 and ;

= 3 x 8 =  24

Step 2 - Add all the products together

560 + 24 = 584

Learn more about partial product at:
https://brainly.com/question/24716925
#SPJ2

x-13=62 idk know it​

Answers

the correct answer is 75


pls mark me as a brainliest
x-13=62
+13 +13
——————-
x= 75

Select the choice that translates the following verbal phrase correctly to an algebraic expression: (5 points)

4 more than x

Answers

Answer:

x+4

You're just adding 4 to x

what is midpoint if tu =4× and uv =X +9​

Answers

Answer:

12

Step-by-step explanation:

Given

TU = 4xUV = x + 9

Finding the value of x

TU = UV4x = x+93x = 9x = 3

Midpoint = 4x = 4*3 = 12

4 less than a number n is −15.


Answers

Answer:

n-4= -15

Step-by-step explanation:

"4 less than a number n" is represented by n-4.

it says it "is" -15, so this equals -15.

n-4= -15

What is an equation of a line with slope −2/3 and a y-intercept of −4?

Answers

The answer is y = -2/3x -4

A jar that contains quarters and dimes is worth $7.15. If there are a total of 40 coins,
how many of each type of coin is there?

Answers

Answer:

21 quarters and 19 dimes

Step-by-step explanation:

Create a system of equations where q is the number of quarters and d is the number of dimes.

0.25q + 0.1d = 7.15

q + d = 40

Solve by elimination by multiplying the bottom equation by -0.25

0.25q + 0.1d = 7.15

-0.25q - 0.25d = -10

Add them together and solve for d:

-0.15d = -2.85

d = 19

Then, plug in 19 as d into the second equation to solve for q:

q + d = 40

q + 19 = 40

q = 21

So, there are 21 quarters and 19 dimes

Answer:

21 Quarters, 19 Dimes.

Step-by-step explanation:

21 x .25 = 5.25

19 x .10 = 1.90

5.25 + 1.90 = 7.15

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