Mathematics, 16.04.2020 20:57 cassiegagnier73
When playing roulette at a casino, a gambler is trying to decide whether to bet $5 on the number 33 or to bet $5 that the outcome is any one of the three possibilities 00 comma 0 comma or 1. The gambler knows that the expected value of the $5 bet for a single number is negative 0.53 cents. For the $5 bet that the outcome is 00 comma 0 comma or 1, there is a probability of StartFraction 3 Over 38 EndFraction of making a net profit of $20 and a StartFraction 35 Over 38 EndFraction probability of losing $5. a. Find the expected value for the $5 bet that the outcome is 00 comma 0 comma or 1. b. Which bet is better: a $5 bet on the number 33 or a $5 bet that the outcome is any one of the numbers 00 comma 0 comma or 1? Why?
Answers: 3
Another question on Mathematics
Mathematics, 21.06.2019 17:30
8000 + 8800 + 8000 + 8 million + 80 trillion + another a katrillion equals
Answers: 1
Mathematics, 21.06.2019 20:00
The table below represents a linear function f(x) and the equation represents a function g(x): x f(x) −1 −5 0 −1 1 3 g(x) g(x) = 2x − 7 part a: write a sentence to compare the slope of the two functions and show the steps you used to determine the slope of f(x) and g(x). (6 points) part b: which function has a greater y-intercept? justify your answer. (4 points)
Answers: 2
Mathematics, 21.06.2019 21:50
Desmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2xdesmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2x
Answers: 1
You know the right answer?
When playing roulette at a casino, a gambler is trying to decide whether to bet $5 on the number 33...
Questions
