Your friend offers to place a bet with you. He will pay you $1 if your favorite sports team wins the game on Tuesday night. But you will pay him $3 if his team wins. Your team has an 80% chance of winning, whereas his only has a 20% chance. This bet is in your favor. True or False.

Answers

Answer 1

False because $1 =$1 not $3

Answer 2

True. The expected value of the bet is positive ($0.2),

What is probability?

Probability is defined as the possibility of an event being equal to the ratio of the number of favorable outcomes and the total number of outcomes.

Let's calculate the expected value of the bet for both outcomes:

If your team wins: You get paid $1, so the expected value is 0.8 × $1 = $0.8

If your friend's team wins: You pay $3, so the expected value is 0.2 × -$3 = -$0.6

The overall expected value of the bet is the sum of these two outcomes: $0.8 + (-$0.6) = $0.2

Since the expected value of the bet is positive ($0.2), this means that on average, you can expect to win money if you take this bet. Therefore, the bet is in your favor.

Learn more about probability here:

brainly.com/question/11234923

#SPJ2


Related Questions

Y
X

Pls help me you’ll get 29 points

Answers

Answer:

x = 60

Step-by-step explanation:

The sum of the angles of a triangle add to 180

x+x+x = 180

3x = 180

Divide by 3

3x/3 =180/3

x = 60

Sam's monthly bills are normally distributed with mean 2700 and standard deviation 230.9. He receives two paychecks of $1500 each in a month, post taxes and withholdings. What is the probability that his expenses will exceed his income in the following month?Ð) 10%. B) 16%.C) 21%.D) 29%.E) 37%.

Answers

Answer:

A) 10%

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Sam's monthly bills are normally distributed with mean 2700 and standard deviation 230.9.

This means that [tex]\mu = 2700, \sigma = 230.9[/tex]

What is the probability that his expenses will exceed his income in the following month?

Expenses above 2*1500 = $3000, which is 1 subtracted by the p-value of Z when X = 3000.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{3000 - 2700}{230.9}[/tex]

[tex]Z = 1.3[/tex]

[tex]Z = 1.3[/tex] has a p-value of 0.9032.

1 - 0.9032 = 0.0968 that is, close to 10%, and thus the correct answer is given by option A.

If y is 2,851, 1% of Y is

Answers

Excellent question, but let's rephrase it.

Suppose you have a square of surface area of 2851.

What would be a hundredth of such square?

What would be surface area of that hundredth.

Why hundredth? Because percent denotes hundredths cent is a latin word for hundred. You would usually encounter similar word that describes 100 years: century.

Well it is actually very easy. Just divide 2851 into 100 pieces and look at what is the area of one piece.

[tex]2851/100=285.1=y[/tex]

So a single piece has an area of 258.1.

Hope this helps. :)

30 POINTS PLEASE HELP

Answers

Answer:

Answer:

Solution given:

f(x)=5x-3

let

y=f(x)

y=5x-3

interchanging role of x and y

x=5y-3

x+3=5y

y=[tex]\frac{x+3}{5}[/tex]

$o,

f-¹(x)=[tex]\frac{x+3}{5}[/tex]

we conclude that

f-¹(x)≠g(x)

Each pair of function are not inverses.

g(x)=x/5+3

let g(x)=y

y=x/5+3

interchanging role of x and y

x=y/5+3

x-3=y/5

doing crisscrossed multiplication

5(x-3)=y

y=5x-15

g-¹(x)=5x-15

So

g-¹(x)≠f-¹(x)

Each pair of function are not inverses.

1/2 of 12=1/4 of?
1/3 of 90=2/3of?

Answers

Answer:

24 and 45

Step-by-step explanation:

Okay, now that I can answer this question with the right answers:

The easy way to do this is to first solve the left hand side of the equation.

1/2 of 12 is the same as 12/2 = 6.

So 6 = 1/4 * x

To solve for that unknown x, just multiply both sides by 4 to cancel out the fraction:

6*4 = 4* 1/4*x

24 = x

For the other equation, do the same thing:

1/3 * 90 = 90/3 = 30

30 = 2/3*x

30*3 = 3* 2/3 *x

90 = 2x

90/2 = 2x/2

45 = x

Computers from a certain manufacturer have a mean lifetime of 62 months, with a standard deviation of 12 months. The distribution of lifetimes is not assumed to be symmetric. Between what two lifetimes does Chebyshev's Theorem guarantee that we will find at least approximately 75% of the computers

Answers

Answer:

Between 38 and 86 months.

Step-by-step explanation:

Chebyshev Theorem

The Chebyshev Theorem can also be applied to non-normal distribution. It states that:

At least 75% of the measures are within 2 standard deviations of the mean.

At least 89% of the measures are within 3 standard deviations of the mean.

An in general terms, the percentage of measures within k standard deviations of the mean is given by [tex]100(1 - \frac{1}{k^{2}})[/tex].

In this question:

Mean of 62, standard deviation of 12.

Between what two lifetimes does Chebyshev's Theorem guarantee that we will find at least approximately 75% of the computers?

Within 2 standard deviations of the mean, so:

62 - 2*12 = 38

62 + 2*12 = 86

Between 38 and 86 months.

Given the number 2376.458 rounded to the following place values: 1) Rounded to the nearest hundred, 2) Rounded to the nearest whole unit, 3) Rounded to the nearest hundredth,

Answers

Answer:

1)2400

is the result of rounding 2376.458 to the nearest 100.

2) 2376

is the result of rounding 2376.458 to the nearest integer.

3)2376.46

is the result of rounding 2376.458 to the nearest 0.01

I hope this is right and it helps !!!!!!!!!!!!!!!!

Answer:

1(2400)

2(2376)

3(2376.46)

Step-by-step explanation:

it's just your fraction skills

Which equation is correct?
cos x° = opposite ÷ hypotenuse
sin x° = hypotenuse ÷ opposite
cos x° = hypotenuse ÷ opposite
sin x° = opposite ÷ hypotenuse

Answers

Answer:

sin x° = opposite ÷ hypotenuse

Step-by-step explanation:

SOH - CAH - TOA

SOH: Sin(θ) = Opposite / Hypotenuse

CAH: Cos(θ) = Adjacent / Hypotenuse

TOA: Tan(θ) = Opposite / Adjacent

Answer:

last option

Step-by-step explanation:

Sin is opposite/negative

821) The integon which is 15 more than - 55 is

Answers

Answer:

-40

Step-by-step explanation:

-55 + 15 = x

-40 =x

Please help! Identify the recursive formula for the sequence 20, 28, 36, 44, . . . .
Answers below in picture:

Answers

Option A

Answered by GauthMath if you like please click thanks and comment thanks

Blood pressure values are often reported to the nearest 5 mmhg (100, 105, 110, etc.). the actual blood pressure values for nine randomly selected individuals are given below.

108.6 117.4 128.4 120.0 103.7 112.0 98.3 121.5 123.2

Required:
a. What is the median of the reported blood pressure values?
b. Suppose the blood pressure of the second individual is 117.7 rather than 117.4 (a small change in a single value). What is the new median of the reported values?
c. What does this say about the sensitivity of the median to rounding or grouping in the data?

Answers

Answer:

Step-by-step explanation:

Arranging the data in the ascending order:

108.6 98.3 103.7 112 117.4 120 121.5 123.2 128.4

The median is the middle value of the data set:

a)

Hence,

median = 117.4

b)

When the value of blood pressure is 117.7 instead of 117.4 then the median will be:

Median = 117.7

c)

This indicates that the median of a well sorted set of data is depends upon the middle value of the data set.

Question 8 of 53
How much would $700 be worth after 8 years, if it were invested at 5%
interest compounded continuously? (Use the formula below and round your
answer to the nearest cent.)
A(t) = P•e^rt
A. $5887.12
B. $1044.28
C. $6432.11
D. $38,218.71

Answers

9514 1404 393

Answer:

  B. $1044.28

Step-by-step explanation:

Putting the given numbers into the given formula, we have ...

  A(8) = $700•e^(0.05•8) ≈ $1044.28

Simplify -3[5 - (-8 + 6)]

Answers

Answer: -21

[tex]-3[5 - (-8 + 6)]\\=-3[5 - (-2)]\\=-3[5+2]\\=-3(7)\\=-21[/tex]

Answer:

-21

Step-by-step explanation:

-3[5 - (-8 + 6)]

Inner parentheses first

-3[5 - (-2)]

Then remaining parentheses

-3[5 +2]

-3(7)

Multiply

-21

4. Five cards are randomly chosen from a deck of 52 (13 denominations with 4 suits). a. How many ways are there to receive 5 cards from a deck of 52

Answers

Answer:

There are 2,598,960 ways to receive 5 cards from a deck of 52.

Step-by-step explanation:

The order in which the cards are chosen is not important, which means that the combinations formula is used to solve this question.

Combinations formula:

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

a. How many ways are there to receive 5 cards from a deck of 52?

[tex]C_{52,5} = \frac{52!}{5!(47)!} = 2598960[/tex]

There are 2,598,960 ways to receive 5 cards from a deck of 52.

Solve the inequality (help please)

Answers

Answer:

v<1 23/25

Step-by-step explanation:

The inequality simplifies to 48/25, which is equivalent to 1 23/25.

What is the slope of the line?
-3

-1/3

1/3

3

Answers

Answer:

D) 3

Step-by-step explanation:

Rise/run, rise is 3, run is 1

Answer:

3

Step-by-step explanation:

Pick two points on the line

(0,0) and ( 1,3)

The slope is found by

m = ( y2-y1)/(x2-x1)

    = ( 3-0)/(1-0)

    = 3/1

   = 3

A test has 6 multiple choice questions , each with four possible answers . How man different answer keys are possible?

Answers

Answer:

24

Step-by-step explanation:

6 x 4 = 24

Answer:

Step-by-step explanation:

4⁶=4096

Solve: 1/3a^2-1/a=1/6a^2

Answers

Step-by-step explanation:

there are two answers for a

Answer:

The ANSWER IS 1/6

Step-by-step explanation:

Helen is constructing a room. She is preparing a scale drawing of her room as 1 cm = 2.5 feet. Find the actual dimensions with the given model dimensions of 8 cm×5 cm.

20 feet×12.5 feet
15 feet×5.5 feet
10 feet×8 feet
8 feet×6.5 feet

Answers

Answer: 20 ft × 12.5 ft

Step-by-step explanation:

Since 1 cm = 2.5 ft,

8 cm = 8 · 2.5 = 20 ft5 cm = 5 · 2.5 = 12.5 ft

Therefore, 8 cm × 5 cm = 20 ft × 12.5 ft

A system of vertices connected in pairs
by edges. Definition

Answers

If the two vertices are additionally connected by a path of length 1, i.e. by a single edge, the vertices are called adjacent. A graph is said to be connected if every pair of vertices in the graph is connected. This means that there is a path between every pair of vertices.

Suppose that the functions and g are defined for all real numbers x as follows.
f(x)=x+6
g(x) = 2x + 6
Write the expressions for (f-g)(x) and (fg)(x) and evaluate (f+g)(1).

Answers

Answer:

Step-by-step explanation:

Given functions are,

f(x) = x + 6

g(x) = 2x + 6

(f - g)(x) = (x + 6) - (2x + 6)

                   = -x

(f . g)(x) = f(x) × g(x)

            = (x + 6)(2x + 6)

            = 2x² + 6x + 12x + 36

            = 2x² + 18x + 36

(f + g)(x) = (x + 6) + (2x + 6)

             = 3x + 12

(f + g)(1) = 3(1) + 12

            = 15  

Find the critical numbers (x-values) of the function y equals 2 x to the power of 5 plus 5 x to the power of 4 minus 19. Enter your answers as a comma-separated list. Round answers to 2 decimal places, if necessary.

Answers

Answer:

[tex]x=0,x=-2[/tex]

Step-by-step explanation:

From the question we are told that:

[tex]y=2x^5+5x^4-19[/tex]

Generally the equation if differentiated is mathematically given by

[tex]y'=10x^4+20x^3-0[/tex]

Where

y'=0

[tex]10x^4+20x^3=0[/tex]

Factorizing,We have

[tex]x=0,x=-2[/tex]

Therefore

The critical points are

[tex]x=0,x=-2[/tex]

calculate the volume of a cone knowing that it has a radius of 6cm and a height of 18cm

Answers

Answer:

V≈678.58cm³

Step-by-step explanation:

V=πr^2h/3=π·6^2·18/3≈678.58401cm³

Hope this helps! :D

5. Sam wrote the expression below.
10 +15k
Rami said that this expression is equivalent to 5(3k + a)
Kenneth said this expression is equivalent toyk+6+8k+4.
Who is correct and why? Explain your thinking clearly,

Answers

Answer:

see below

Step-by-step explanation:

10 + 15k

Factor out the greatest common factor 5

5( 2+3k)

Rewriting

5(3k+2)

Rami is correct if a=2 then his expression is 5(3k+2)

Kenneth

yk+6+8k+4

Add the terms together

k(y+8) + 10

If y =7 then Kenneth is correct otherwise he is incorrect

can you please answer this????

Answers

Answer:

x = 5

Step-by-step explanation:

I'm taking all bases as b so not typing it

2/3 log 125 = log (125^2/3) = log 25

1/2 log 9 = log (9^1/2) = log 3

So we can rewrite the equation as,

log x = log 25 + log 3 - log 15

or, log x = log (25×3) - log 15

or, log x = log 75 - log 15

or, log x = log (75/15)

or, log x = log 5

or, x = 5

Answered by GAUTHMATH

Identify the first 4 terms in the arithmetic sequence given by the explicit formula ƒ(n) = 8 + 3(n – 1).

Answers

Answer:

Step-by-step explanation:

f(n) = 8 + 3(n) - 3

f(n) = 5 + 3n

f(1) = 5 + 3(1)

f(1) = 8

f(2) = 5 + 3(2)

f(2) = 5  + 6

f(2) = 11

f(3) = 5 + 3*3

f(3) = 14

f(4) = 5 + 3*4

f(4) = 17

generate a table of values for the equation y = -4.5x - 0.5. Use values for x from -2 to 2, increment by 1 in each row

Answers

Answer:

x = -2: y = 8.5

x = -1: y = 4

x = 0: y = -0.5

x = 1: y = -5

x = 2: y = -9.5

Step-by-step explanation:

We find the numeric values for the function from x = -2 to x = 2.

x = -2:

[tex]y = -4.5(-2) - 0.5 = 9 - 0.5 = 8.5[/tex]

x = -1:

[tex]y = -4.5(-1) - 0.5 = 4.5 - 0.5 = 4[/tex]

x = 0:

[tex]y = -4.5(0) - 0.5 = 0 - 0.5 = -0.5[/tex]

x = 1:

[tex]y = -4.5(1) - 0.5 = -4.5 - 0.5 = -5[/tex]

x = 2:

[tex]y = -4.5(2) - 0.5 = -9 - 0.5 = -9.5[/tex]

By examining past tournaments, it's possible to calculate the probability that a school wins their first game in the national college basketball tournament. Each school's rank going into the tournament is a strong indicator of their likelihood of winning their first game.

Find the linear regression equation that models this data.

Answers

The linear regression model which models the data is :

y = -6.41053X + 103.83509

Obtaining the regression equation could be performed using either the formula method or using technology (excel, calculator, online regression calculators )

Using technology :

• Enter the data into the columns provided ;

The regression equation obtained for the data is : y = -6.41053X + 103.83509

Where ;

Slope = -6.41053

Intercept = 103.83509

X = Rank

y = probability percentage

Hence, from the linear regression equation obtained, we could see that a negative linear relationship exists between rank and probability as implied from it's negative slope value.

Learn more on linear regression : https://brainly.com/question/12164389

Suppose that the value of a stock varies each day from $12.82 to $28.17 with a uniform distribution.
Find the third quartile; 75% of all days the stock is below what value? (Enter your answer to the nearest cent.)

Answers

Answer:  24.33

======================================================

Explanation:

The range is

range = max - min

range = 28.17 - 12.82

range = 15.35

This is the width of this particular uniform distribution.

Apply 75% to this value

75% of 15.35 = 0.75*15.35 = 11.5125

Then finally, add that to the min

12.82 + 11.5125 = 24.3325 which rounds to 24.33

We can see that 75% of the values are below 24.33 which makes it the 3rd quartile (Q3).

Use the unit circle to find tan 60°.
a. square root 3/3
c. 2 square root 3/3
b. square root 3/2
d. square root 3



Please select the best answer from the choices provided


A
B
C
D

Answers

the answer is d ( square root 3 )

tan = oposite / adjacent

tan 60° = √3 / 1

= √3

Other Questions
please help me out, name all 3 parts of the atom. 10. Which of the following are examples of freeway interchange configurations?A. Flute, harp, and violinB. Diamond, trumpet, and cloverleafC. Diamond, trumpet, and leafyD. Diamond, Merge, and Deceleration How is machines an example of the concept of globalization q.no. 5 answer me please please please please please please please please please please please -8a-5=-7a+3 help someone Find the area of the figure at the right in square feet. The figure can be separated into a rectangle and a trapezoid. Find the area of each. (image attached) Find the value of 4 tenths x hundreds.4000400404 Solve for x: 10/3 = x/(5/2) Which ratio is equal to 27 : 81? Select the correct answer.Listen to the audio ) and select the part-time job described:A.camareraB.ayudantepara tiendaO c. repartidor de paqueteraD.cajero The large number of alveoli in lungs improve gas exchange by ________. increasing the surface area for diffusion decreasing the distance for diffusion changing the diffusion constant increasing the concentration difference The sky is blue because: Select one: a. the index of refraction for air is slightly larger for blue than for red b. atomic hydrogen is blue c. air molecules tend to polarize light along a horizontal axis d. oxygen and nitrogen molecules are small compared to the wavelengths of visible light e. oxygen molecules have a lower energy ground state than nitrogen molecules help me with this question 0. When measuring tert-butyl alcohol for this experiment, a student first weighs an empty graduated cylinder, then pours 15 mL of the alcohol into the graduated cylinder and weighs the cylinder again. He records the amount of alcohol used as the difference in these two masses. What is wrong with this method What are the process of microeconomics? What are the solutions to overcome problems caused by fold mountains? Identify the transformed function that represents f(x) = ln x stretched vertically by a factor of 17, reflected across the x-axis, and shifted by 19 units left.A. g(x) = 17ln (x + 19)B. g(x) = 17ln (x 19)C. g(x) = 17ln (x + 19)D. g(x) = 17ln (x 19) Help me please.. Let A^=6i^+4j^_2k^ and B= 2i^_2j^+3k^. find the sum and difference of A and B