answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
never [62]
2 years ago
11

From the set $\{1, 2, 3, \dots, 20\},$ ten numbers are chosen at random, forming a subset. Let $M$ be the largest element among

the ten numbers. Find the expected value of $M.$
Business
1 answer:
Marysya12 [62]2 years ago
6 0

The largest element can be as small as 10, which happens when the subset is {1, 2, ..., 10}.  The probability of choosing this subset is (1/2)^10 = 1/1024.  (Every element from 1 to 10 can either be in the subset, or not.)

The largest element can also be 11.  All the numbers in the subset must be from 1 to 10, and we must choose 1 to leave out, so the probability that the largest element is 11 is C(10,1)*1/1024.

The largest element can also be 12.  All the numbers in the subset must be from 1 to 11, and we must choose 2 to leave out, so the probability that the largest element is 12 is C(11,2)*1/1024.

We can do the other cases similarly:

Largest element is 13 -> C(12,3)*1/1024

Largest element is 14 -> C(13,4)*1/1024

Largest element is 15 -> C(14,5)*1/1024

Largest element is 16 -> C(15,6)*1/1024

Largest element is 17 -> C(16,7)*1/1024

Largest element is 18 -> C(17,8)*1/1024

Largest element is 19 -> C(18,9)*1/1024

Largest element is 20 -> C(19,10)*1/1024

Adding these up, we get (1 + C(10,1) + C(11,2) + ... + C(19,10))*1/1024.  Since 1 = C(9,0), we also get (C(9,0) + C(10,1) + C(11,2) + ... + C(19,10))*1/1024.

By the Hockey Stick Identity, C(9,0) + C(10,1) + C(11,2) + ... + C(19,10) = C(20,10), so the expected value of the largest element is 1/11*C(20,10)*1/1024 = 4199/256.

You might be interested in
Kristie is a 30% partner in the KKM Partnership. During the current year, KKM reported gross receipts of $280,000 and a charitab
ch4aika [34]

Answer:

Kristie reports the following income from KKM during the current tax year: (A) $54,000 ordinary income; $9,000 charitable contribution.

Explanation:

From the provided data;

KKM's net ordinary income = $180,000 ($280,000 ordinary income - $80,000 of office expenses - $20,000 payment to Kaylyn).

Since the cash distributions to Kaylyn and Megan are not deductible.

Kristie's share of this income is equal to

30% of KKM's net ordinary income

= 30% 0f $180,000

=  $54,000.

In addition, Kristie reports 30% of partnership charitable contribution

= 30% of $30,000

= $9,000 of her share of the partnership's charitable contribution.

Therefore, Kristie reports the following income from KKM during the current tax year: $54,000 ordinary income; $9,000 charitable contribution.

6 0
2 years ago
Bronco Truck Parts expects to sell the following number of units at the prices indicated under three different scenarios in the
Radda [10]

Answer:

Expected value of Total Sales projection is $23,115.

Explanation:

First of all we calculate expected sales projection by multiplying the probability with units, then multiply it to each unit price we will get the expected sales value of each outcome. Adding expected sales value of all outcomes, we will get the total expected sales value.

Outcome   Probability Units   Sales Volume   Price    Total Sales

                          P          U           V=P x U           S          TS=V x S

     A              0.40       350           140               $21        $2,940

     B              0.10        600           60                $30       $1,800

<u>      C     </u>         0.50       1,050         <u>525</u>              $35       <u>$18,375</u>

Total                                               <u>727</u>                             <u>$23,115</u>

Expected Total Sale projection is 727 units and value is $23,115

3 0
2 years ago
Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From
nydimaria [60]

Answer:

Unit Information

Units charged to production:

Inventory in process, July 1                  30000

Received from materials storeroom <u>155000  </u>

Total units accounted for                       185000

<em><u>Units to be assigned costs: </u></em> Equivalent Units

           Whole Units         DM     Conversion

Beginning          30,000    0          27,000

Std and comp  119,000 119,000  119,000

Transferred to  149,000 119,000 146,000

Ending                    36,000  36,000   16,200

Total units         185,000 155,000 162,200

                           Materials Conversion (labor + overhead)

Total costs for the month  620,000 123,272

Total equivalent units      155,000 162,200

Cost per equivalent unit  $4.00       $0.76

                 DM            Conversion           Total

Beginning                                           $121,800.00

Incurred      $620,000.00   $123,272.00  <u> $743,272.00 </u>

Total costs accounted for                             $865,072.00

Beginning             $121,800.00

To complete            <u>   $20,520.00 </u>

Total beginning    $142,320.00

Std and comp        <u>  $566,440.00 </u>

Trasnferred             $708,760.00

Ending                           <u>    $156,312.00 </u>

Total costs assigned       $865,072.00

Explanation:

First we calcualte the physical units.

then the equivalent units.

we solve for equialent cost per unit by dividing the cost of the period by the equivalent unit

then, we make the cost reconciliation

notice how the cost accounted (beginning + incurred during the period)

matches the cost assigned (trasnferred + ending WIP inventory)

4 0
2 years ago
The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.
dezoksy [38]
Why should i ever care just kidding 
6 0
2 years ago
A construction company plans to build a certain number of apartment buildings and stores on a piece of land. This PPC shows the
Bond [772]

Answer 1) Option B) Shift to the right.

Explanation : If the amount of land available to the company increases, the PPC will shift to the right. As the graph indicates, the PPC will grow by shifting on right side as the company is acquiring more land for building purpose.

Answer 2) Option C) Remain Unchanged.

Explanation : The company realizes it cannot construct any buildings on a portion of the land because it is at risk of a cave-in.

In this case, the PPC will remain unchanged. When the company realizes that no construction can be done on the portion of land because of its hollowness the PPC will remain to be undisturbed.

5 0
2 years ago
Read 2 more answers
Other questions:
  • Dss uses data models and sometimes knowledge management to find solutions for semi-structured and some unstructured problems. au
    6·1 answer
  • Which element(s) affect shirt sizes? A. amount of fabric used B. texture and color C. collar fitting and sleeve length D. intern
    10·1 answer
  • A country produces computers and rice. If resources are fully employed and there is technological progress only in the productio
    10·1 answer
  • A company has an opening stock of 6,000 units of output. The production planned for the current period is 24,000 units and expec
    6·1 answer
  • Suppose that football tickets at your university are given away for free, and that there are still empty seats for all games. Ig
    9·1 answer
  • Railway Cabooses just paid its annual dividend of $3.30 per share. The company has been reducing the dividends by 12.1 percent e
    14·1 answer
  • What has the increased use of automation and less use of the work force in companies has caused a trend towards an increase in
    13·2 answers
  • Total surplus in a market is equal to a. value to buyers - amount paid by buyers. b. amount received by sellers - costs of selle
    7·1 answer
  • A large personal care products company adopts a(n) ________ approach to gain a competitive edge in light of intense foreign comp
    6·1 answer
  • A sales associate listed a condo for $205,000. A sales associate from a competing office called the listing associate to inform
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!