In a lottery, you pay $1 and pick a number from 000 to 999. If your number comes up, you win $350, which is a profit of $349. If you lose, you lose $1. Your probability of winning is 0.001. What is the expected value of your profit

Answers

Answer 1

Answer:

The expected value of profit is -$0.65.

Step-by-step explanation:

The rules of the lottery are as follows:

You pay $1 and pick a number from 000 to 999.If your number comes up, you win $350, which is a profit of $349.If you lose, you lose $1.

The probability of winning is, P (W) = 0.001.

Then the probability of losing will be,

P (L) = 1 - P (W)

       = 1 - 0.001

       = 0.999

Let the random variable X represent the amount of profit.

The probability distribution table of the lottery result is as follows:

Result      X        P (X)

Win      +349     0.001

Lose         -1       0.999

The formula to compute the expected value of X is:

[tex]E(X)=\sum X\cdot P(X)[/tex]

Compute the expected value of profit  as follows:

[tex]E(X)=\sum X\cdot P(X)[/tex]

         [tex]=(349\times 0.001)+(-1\times 0.999)\\\\=0.349-0.999\\\\=-0.65[/tex]

Thus, the expected value of profit is -$0.65.


Related Questions

Given the diagram below, what is m

Answers

where is m?

if it was asking for angle A the answer would be D.

Answer:

D. 70

Step-by-step explanation:

because the D side is the same line as A and the D side is also 70

A nutritionist wants to determine how much time nationally people spend eating and drinking. Suppose for a random sample of 1082 people age 15 or​ older, the mean amount of time spent eating or drinking per day is 1.53 hours with a standard deviation of 0.71 hour.

a. Determine and interpret a 95% confidence interval for the mean amount of time Americans age 15 or older spend eating and drinking each day
b. The nutritionist is 95% confident that the amount of time spent eating or drinking per day for any individual is between_________and_________hours.
c. There is a 95% probability that the mean amount of time spent eating or drinking per day is between and hours.
d. The nutritionist is 95% confident that the mean amount of time spent eating or drinking per day is between_______and_____________

Answers

Answer:

a) The 95% confidence interval for the mean amount of time Americans age 15 or older spend eating and drinking each day is (1.49, 1.57).

d) The nutritionist is 95% confident that the mean amount of time spent eating or drinking per day for any individual is between 1.49 and 1.57 hours.

(c and b can not be concluded from the confidence interval)

Step-by-step explanation:

We have to calculate a 95% confidence interval for the mean.

The population standard deviation is not known, so we have to estimate it from the sample standard deviation and use a t-students distribution to calculate the critical value.

The sample mean is M=1.53.

The sample size is N=1082.

When σ is not known, s divided by the square root of N is used as an estimate of σM:

[tex]s_M=\dfrac{s}{\sqrt{N}}=\dfrac{0.71}{\sqrt{1082}}=\dfrac{0.71}{32.89}=0.022[/tex]

The degrees of freedom for this sample size are:

[tex]df=n-1=1082-1=1081[/tex]

The t-value for a 95% confidence interval and 1081 degrees of freedom is t=1.962.

The margin of error (MOE) can be calculated as:

[tex]MOE=t\cdot s_M=1.962 \cdot 0.022=0.042[/tex]

Then, the lower and upper bounds of the confidence interval are:

[tex]LL=M-t \cdot s_M = 1.53-0.042=1.49\\\\UL=M+t \cdot s_M = 1.53+0.042=1.57[/tex][tex]LL=M-t \cdot s_M = 1.53-0.042=1.49\\\\UL=M+t \cdot s_M = 1.53+0.042=1.57[/tex]

The 95% confidence interval for the mean is (1.49, 1.57).

The sum of two numbers is 978. One of the numbers is 152. What is the other number?

Answers

Answer:

826

Step-by-step explanation:

a+b=978

a=152

b=978-152=826

Watermelon A is 2 kg lighter than watermelon B and it weighs one fifth of the weight of watermelon C. Watermelons A and C together are 3 times as heavy as watermelon B. How heavy is each watermelon?

Answers

Answer:

A: 2 kgB: 4 kgC: 10 kg

Step-by-step explanation:

We can write some equations to describe the given relationships:

  A = B - 2 . . . . . A is 2 kg lighter than B

  A = C/5 . . . . . . A is 1/5 the weight of C

  A+C = 3B . . . . together, A and C are 3 times the weight of B

__

Let's solve for A.

  B = A+2 . . . from the first equation

  C = 5A . . . . from the second equation

  A +5A = 3(A+2) . . . . substituting for B and C in the third equation

  6A = 3A +6

  3A = 6

  A = 2

__

  B = A+2 = 4

  C = 5A = 10

Watermelon A weighs 2 kg; B weighs 4 kg; and C weighs 10 kg.

Answer:

2 kg 4 kg 10 kg

I BLESS THE EYES!

If the probability of a machine producing a defective part is 0.05, what is the probability of

finding exactly 5 defective parts from a sample of 100? (Assume that the process follows a

binomial distribution and round answer to four places)

Answers

Answer:

0.1800 to 4 places of decimals.

Step-by-step explanation:

Using the Binomial formula

Probability = 10C5* (0.95)^95 * (0.05)^5

= 100! / 95!*5! *  (0.95)^95 * (0.05)^5

= 0.1800178.

16. Model with Math What must be the sum of


the two remaining numbers, x and y? Write an


equation to show how to find this sum.

Answers

Answer:

The sum of the two remaining numbers, x and y = 60

Question:

The question isn't clear enough as some information have been omitted. Let's consider the following:

Model with Math. The average of six numbers is 18. If the average of four numbers is 12. What must be the sum of the two remaining numbers, x and y?

Write an equation to show how to find this sum.

Step-by-step explanation:

Mathematical models are applied to represent things in the real world in order to solve problems.

The formula we would use to solve this problem is an example of a mathematical model.

Types of mathematical model we can use include equations and graphs.

Using equations:

Average of six numbers = 18

Average of four of the numbers = 12

Total sum of the four numbers = 4×12 = 48

the two unknown numbers are x and y

Average of six numbers = (Sum of all 6 numbers)/6

=(Total sum of four numbers + x + y)/6

(48 + x + y)/6 = 18

The equation that shows how to find the sum:

(1/6)(48 + x + y) = 18

48 + x + y = 18×6

48 + x + y = 108

x + y = 108-48

x+y = 60

The sum of the two remaining numbers, x and y = 60

8+8?
Pls help will mark you or whatever

Answers

Answer:

8+8=16

Step-by-step explanation:

Lets say you have 8 apples and your friend gives you 8 more apples. So, you count 9,10,11,12,13,14,15,16 which was 8 times.

Hope this helps.

Find the volume of the cone.
Please help

Answers

Answer:1232m^3

Step-by-step explanation:

1/3 *22/7*7^2*24

1232m^3

Think of the graph for the inequality y < 3x - 6
1. Would the line on the graph be dotted or solid? Why?
2. Would the shading be above the line or below the line? Why?
***Extra Credit
Name one point (x,y) that would be a solution to this inequality.

Answers

Answer:

1.dotted, because it is not less than or equal to, but just less than.

2.below, because Y is less than the equation.

3. 0, -6

Step-by-step explanation:

// have a great day //

I got the same answer as the first person who answered it

You have already a 1000 cash on your hand. You have also a 1000 cash in bank and you withdraw half of 500, so, it means you withdraw 250. Now, you have a 1000 cash on hand plus 250 that you have been withdraw from the bank, all in all you have 1250 now in your hand.

Answers

Answer: At the end, you have $750 remaining in the bank.

Step-by-step explanation:

I guess you want to know how much is left in the bank.

initially

Hand : $1000

Bank: $1000

you withdraw $250 from the bank:

Hand: $1000 + $250 = $1250

Bank: $1000 - $250 = $750

The intensity of cosmic ray radiation decreases rapidly with increasing energy, but there are occasionally extremely energetic cosmic rays that create a shower of radiation from all the particles they create by striking a nucleus in the atmosphere as seen in the figure given below. Suppose a cosmic ray particle having an energy of converts its energy into particles with masses averaging .
(a) How many particles are created?
(b) If the particles rain down on a area, how many particles are there per square meter?

Answers

Answer:

(a) 5* 10¹⁰ (b) 5* 10⁴ particles / m²

Step-by-step explanation:

Solution

(a) We find the number of particles that is created

Now,

The energy will change into particles of masses that is averaging  200 MeV/c²

The number of particles that were created is stated as follows:

n = Ec/Er

Ec =This is the cosmic energy

Er =The rest mass energy

Thus, we  replace 10¹⁰ with Ec and (0.200 GeV/c²)c² for Er

This gives us the following:

n = 10¹⁰ GeV/ (0.200 GeV/c²)c²

= 5* 10¹⁰

Hence the number of particle created is 5* 10¹⁰

(b) We now find how many particles are there per square meter

Thus,

n/m² = 5* 10¹⁰ particles/(1000 m)²

= 5* 10⁴ particles / m²

Hence, the particles that are there per square meter is 5* 10⁴ particles / m²

Note: Kindly find an attached copy of the complete question to this solution below.

10. You just hung a picture twelve inches above the wall trim. Your friend thinks the picture looks
crooked. Use what you know about parallel lines and transversals to determine if the picture is level.
Step 1: You don't have a level, but you are in luck. You know the wall trim is level. You have a
protractor and the sun is casting a shadow on the wall. Describe how you can determine if the picture
is level. (3 points)

Answers

Answer:

The angles measured between the shadow and the wall trim and the shadow and the top or bottom of the picture should be equal if the picture is level

Step-by-step explanation:

Whereby the picture is 12 inches above the wall trim and the Sun is casting a shadow on the wall, therefore, the edges of the shadow of a straight edged object is straight

If the picture is level, the shadow cast by the sun is transversal to the wall trim and the line formed by extending the bottom or top of the picture in the direction of the shadow. That is, if the picture is parallel, the shadow cast by the Sun on the wall is transversal to the picture and the wall trim if or when the shadow eventually crosses the picture

With the protractor, the angle between the shadow and the wall trim and the shadow and the top or bottom is measured

The angles measured should be the same if the picture is level.

Method 1: Long Division (x^2+3x-43) / (x+8

Answers

Answer:

x - 5 - (3/x+8)

Step-by-step explanation:

Answer:

Step-by-step explanation:

Martin wants to use coordinate geometry to prove that the opposite sides of
a rectangle are congruent. He places parallelogram ABCD in the coordinate
plane so that A is (0,0), B is (a,0), Cis (a, b), and Dis (0, b).
What formula can he use to determine the distance from point D to point A?

Answers

Answer:

Option (B)

Step-by-step explanation:

Coordinates of the vertices of the rectangle were A(0, 0), B(a, 0), C(a, b) and D(0, b)

Formula to determine the distance between two points with the vertices (x, y) and (x', y') is,

d = [tex]\sqrt{(x-x')^2+(y-y')^2}[/tex]

For the length of AD,

AD = [tex]\sqrt{(0-0)^2+(b-0)^2}[/tex]

     = [tex]\sqrt{b^2}[/tex]

     = b

Therefore, Option (B) will be the answer.

In a car dealership there are 5 models that get displayed in a line in the front of the parking lot for prime viewing. The dealership sells 15 different models. In how many ways can the 5 models be displayed

Answers

Answer:

360360

Step-by-step explanation:

We have the following information:

Number of ways of choosing 5 car models from 15 different models = 15C5

Number of arranging above 5 models = 5!

Therefore, the total number of displayong 5 models would be:

15C5 * 5!

nCr = n! / (r! * (n-r)!)

we replace:

 15! / (5! * (15-5)!) * 5! = 15! / 10! = 360360

So there are a total of 360 360 ways to display the 5 car models.

Answer:  360,360

Step-by-step explanation:

Round $0.6683 to the nearest cent

Answers

Answer:

0.67

Step-by-step explanation:

0.668 is close to 0.67 than 0.66

The correct answer is $0.67

Round0.00359 to nearest ten thousand

Answers

Answer: 0.0036

Step-by-step explanation:

0.00359 — 0.0036

The nine rounds up

On his way out to meet a friend for lunch, David realized that his financial record was not up to date. He notices that he forgot to record three transactions. The first transaction was on August 2nd in the amount of $12.32, another transaction on that same day in the amount or $52.34, and finally a transaction on August 8th in the amount of $85.35. Determine David's balance carried forward for the 8th of August using the table below and the information provided. A check register. The Balance on August fifth is 1,049 dollars and 16 cents. a. $975.32 b. $899.15 c. $1,049.16 d. $848.84

Answers

Answer:

b

Step-by-step explanation:

add the three numbers together then minus from the main total

Answer:

B. $899.15

Step-by-step explanation:

Find the circumference of each circle, use 3.14 for . Include units and round to the nearest tenth. Show work





7. The circumference of a circle is 34.54 cm. What is the diameter and radius of the circle? (Show work)




8. What is the circumference of a circle in terms of , if it has a radius of 3.5 in?
(in terms of means do not substitute 3.14 for pi, leave the symbol in the final answer)

Answers

Answer:

Answer:-

a) The circumference of the circle  C = 21.98 m

b) The circumference of the circle  C = 37.68 ft

c)  The circumference of the circle  C = 40.82 km

d) The radius of the circle = r = 11 c.m

    The Diameter of the circle 'd' = 2(r) = 2(11) =22 c.m

e) The circumference of the circle = 21.98 inches

  Step-by-step explanation:

a)  In First diagram

Given radius of the circle 'r' = 7.1 m

  The circumference of the circle  C = 2πr

                                                            C = 2 (3.14) (7.1)

                                                            C = 21.98 m

The circumference of the circle  C = 21.98 m

b) In second diagram

Given diameter of the circle 'd' = 12 ft

   The circumference of the circle  C = 2πr

                                                            C = π(2 r)

                                       Diameter = 2 X radius

                                               d = 2 r

 The circumference of the circle  C = πd

                                                          C = 3.14 ×12

The circumference of the circle  C = 37.68 ft

c)

Given diameter of the circle 'd' = 13 km

   The circumference of the circle  C = 2πr

                                                            C = π(2 r)

                                       Diameter = 2 X radius

                                               d = 2 r

 The circumference of the circle  C = πd

                                                          C = 3.14 ×13

 The circumference of the circle  C = 40.82 km

   

7) The circumference of the circle  C = 2πr

    Given The circumference of a circle is 34.54 cm

          Now       2πr = 34.54

                   2(3.14) r = 34.54

                           [tex]r = \frac{34.54}{3.14} = 11[/tex]

   The radius of the circle = r = 11 c.m

    The Diameter of the circle 'd' = 2(r) = 2(11) =22 c.m

8) Given radius of the circle 'r' = 3.5 inches

   The circumference of the circle  C = 2πr

                                                            C = 2 (3.14) (3.5)

                                                            C = 21.98

  The circumference of the circle = 21.98 inches

 

Help please!!! Everything is in the picture.

Answers

Answer:

3u-2v = [tex]\sqrt{505\\}[/tex]

5u-v = [tex]\sqrt{1,157}[/tex]

2u-3v = [tex]\sqrt{1,300}[/tex]

u+4v = [tex]\sqrt{4,505}[/tex]

Step-by-step explanation:

I just started by doing the results for each of the operations given.

3u-2v:

3u = (-9, 24)       2v = (-28, 12)

Do the operation of 3u-2v and you get a resultant vector of (19, 12).

You calculate this by doing the square root of 19^2 + 12^2, which is the square root of 505.

5u-v:

5u = (-15, 40)       v = (-14, 6)

Do the operation of 5u-v and you get a resultant vector of (-1, 34).

You calculate this by doing the square root of (-1)^2 + 34^2, which is the square root of 1,157.

2u-3v:

2u = (-6, 16)   3v = (-42, 18)

Do the operation of 2u-3v and you get a resultant vector of (36, -2).

You calculate this by doing the square root of 36^2 + (-2)^2, which is the square root of 1,300.

3u+2v:

3u = (-9, 24)       2v = (-28, 12)

Do the operation of 3u+2v and you get a resultant vector of (-37, 36).

You calculate this by doing the square root of (-37)^2 + 36^2, which is the square root of 2,665. This is not a given tile, so we can just ignore this one.

u+4v:

u = (-3, 8)       4v = (-56, 24)

Do the operation of u+4v and you get a resultant vector of (-59, 32).

You calculate this by doing the square root of (-59)^2 + 32^2, which is the square root of 4,505.

Since this is a given tile, I didn't do 7u-2v, but you would use the same methodology.

Please answer this correctly

Answers

Answer:

0-4: Make it 2 units tall

5-9: Make it 5 units tall

10-14: Make it 1 unit tall

15-19: Make it 4 units tall

20-24: Make it 4 units tall

Step-by-step explanation:

0-4: 2, 2 (2 numbers)

5-9: 6, 7, 7, 8, 9 (5 numbers)

10-14: 14 (1 number)

15-19: 15, 16, 16, 18 (4 numbers)

20-24: 21, 23, 23, 24 (4 numbers)

If you put all of the bean sprouts together end to end what
would be the total length of all the objects?
inches​

Answers

Answer:

5.625 = 45/8 = 5 5/8

Step-by-step explanation:

Please help me with this question!!!!

Answers

Answer:

  -3i +-12j

Step-by-step explanation:

P2 -P1 = (-1-2, -6-6) = (-3, -12)

In terms of unit vectors i and j, this is -3i -12j.

Classify the following triangle .check all that apply

Answers

Answer:

Isosceles right triangle

Answer:

It is a scalene triangle because 2 angles are equal and one angle is different .

Step-by-step explanation:

please mark as brainliest and follow me!!!!!...

Nadeen is at an arcade. She started with 18 tokens. Each game costs 3 tokens. So far, Nadeen has played 2
games.

Answers

Answer:

see below

Step-by-step explanation:

I think you are asking how many tokens she has left. She has 18 - 3 * 2 = 18 - 6 = 12 tokens left. She can play 12/3 = 4 more games.

The area of a circle is 497 squared meters.
What is the radius, in meters?

Answers

Answer: r= 12.58m

Step-by-step explanation:

100% SURE

The table represents an exponential function. A 2-column table has 4 rows. The first column is labeled x with entries 1, 2, 3, 4. The second column is labeled y with entries 0.25, 0.125, 0.0625, 0.03125. What is the multiplicative rate of change of the function? 0.2 0.25 0.5 0.75

Answers

Answer:

0.5 or C on edge2021

Step-by-step explanation:

The multiplicative rate of change of the function will be:

0.5

What is a Multiplicative rate of change?

The multiplicative rate of change is the common factor that the numbers can be multiplied with to get the succeeding figures.

For instance, if 0.25 is multiplied by 0.5, the result will be 0.125. Also, if 0.125 is multiplied by 0.5, the result will be 0.0625.

Learn more about the multiplicative rate of change here:

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#SPJ9

IWhat is the equation of a line that passes through the points (3, 6) and (8, 4)?

Answers

Answer:

[tex] (x_1 =2, y_1 = 6), (x_2 = 2, y_2 = 4)[/tex]

[tex] m =\frac{y_2 -y_1}{x_2 -x_1}[/tex]

And replacing we got:

[tex] m=\frac{4-6}{8-3}= -\frac{2}{5}[/tex]

And for this case we can use the first point to find the intercept like this:

[tex] 6 = -\frac{2}{5}(3) +b[/tex]

And solving we got:

[tex] b = 6 +\frac{6}{5}= \frac{36}{5}[/tex]

And then the line equation would be given by:

[tex] y = -\frac{2}{5}x +\frac{36}{5}[/tex]

Step-by-step explanation:

For this case we have the following two points given:

[tex] (x_1 =2, y_1 = 6), (x_2 = 2, y_2 = 4)[/tex]

And for this case we want an equation for a line with the two points given by:

[tex] y = mx+b[/tex]

Wher m is the slope and b the y intercept. We can find the slope with this formula:

[tex] m =\frac{y_2 -y_1}{x_2 -x_1}[/tex]

And replacing we got:

[tex] m=\frac{4-6}{8-3}= -\frac{2}{5}[/tex]

And for this case we can use the first point to find the intercept like this:

[tex] 6 = -\frac{2}{5}(3) +b[/tex]

And solving we got:

[tex] b = 6 +\frac{6}{5}= \frac{36}{5}[/tex]

And then the line equation would be given by:

[tex] y = -\frac{2}{5}x +\frac{36}{5}[/tex]

Which of the lists of letters all have line symmetry? A, B, C, D W, X, Y, Z L, M, N, O S, T, U, V

Answers

Answer:

A, W, X, Y, M, O, T, U, V, C, D

Step-by-step explanation:

If you put a line through the middle, then the left and the right side will look the same

Alice studies the relationship between climate and heart disease around the world. H(t)H(t)H, left parenthesis, t, right parenthesis models the probability for the occurrence of heart disease (in percents relative to the global average) at an area where the temperature is ttt degrees Celsius. According to Alice's model, when the temperature is -5\degree\text{ C}−5° Cminus, 5, degree, start text, space, C, end text (which is the lowest temperature included in the model), the probability is 10\%10%10, percent above average. Then the probability decreases until the temperature reaches 30\degree\text{ C}30° C30, degree, start text, space, C, end text (which is the highest temperature included in the model), where the probability is 20\%20%20, percent below average. Which number type is more appropriate for the domain of HHH?

Answers

Answer:

The domain of the function H(t), is [-5, 30].

The range of the function H(t), is [(10% + average), (average - 20%)]

Step-by-step explanation:

The domain of a function is the complete set of possible values of the independent variable.

For this question, the function is H(t), with the temperature, t, serving as the independent variables and H(t) the evidently dependent variable.

The domain of a function refers to all the possible independent variable values that will give corresponding real dependent variable values.

For this question, Alice's model has the probability for the occurrence of heart disease (in percents relative to the global average) at an area, H(t) varying with the temperature of that area in degree Celsius.

At a temperature of -5°C (the lowest temperature in the model), the probability is 10% above the average.

Then, the probability decreases with increase in temperature, taking a value 20% lower than the average when the temperature is at its highest of 30°C in the model.

So, temperature ranges from -5°C to 30°C and the probability for the occurrence of heart disease ranges from 10% above the average to 20% below the average.

The domain of the function H(t), from the definition given above would therefore be [-5, 30]

And the range of the function H(t), is [(10% + average), (average - 20%)]

Hope this Helps!!!

The Real Number type is more appropriate fro the domain of H(t).

The domain of H(t) is given as  [tex]-5 \leq t \leq 30[/tex]

Given that:

The lowest temperature included in the model is -5° C

The highest temperature included in the model is 30° C

The domain of H includes the values of the temperature. Since the temperature can be non integer too, sometimes rational too, thus we use Real Number type for the domain of H(t).

The domain of H(t) will be given by the following interval on real number line:

[tex]\begin{aligned} Domain(H(t)) = [-5, 30]\\\end{aligned}[/tex]

or [tex]-5 \leq t \leq 30[/tex].

Hence, the Real Number type is more appropriate fro the domain of H(t).

The domain of H(t) is given as  [tex]-5 \leq t \leq 30[/tex].

Learn more here:

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