What is the Expected value if there is a probability of .70 that you Win $14,000,
and a probability of .30 that you Lose $ 9,000

or

step-by-step explanation:

we need to solve for 'x' the following equation:  

we have that:

⇒

⇒ ⇒

factorizing, we get that:

  ⇒

then, the solutions are: or

nothing extraneous has been found!

answer: first option i.e. 'a' is correct.

step-by-step explanation:

since we have given that

number of minutes to wrap a small gift box = 4 minutes

we need to find the number of gifts to be wrapped in 5 minutes

since there is a direct variation, as the number of minutes will increase with   number of gifts to be wrapped.

so, let the number of gifts to be wrapped in 5 minutes be x.

so, it becomes,

hence, first option 'a'   is correct.