there are two identical fridges for desserts. one of the fridge has 5/8 of its room left and the other fridge is only 1/8 full.
2 answers:
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now, if you notice, the positive fraction, is the one with the "y" variable, and that simply means, the hyperbola traverse axis is over the y-axis, so it more or less looks like the picture below.
now, from the hyperbola form, we can see the center is at (7, -11), and that the "c" distance is 17.
so, from -11 over the y-axis, we move Up and Down 17 units to get the foci, which will put them at (7, -11-17) or (7, -28) and (7 , -11+17) or (7, 6)
Answer:
infinity
Step-by-step explanation:
a) the expected value of this gamble in dollars is Infinity
i.e
expected value =
=
b)
When offered, most people say they would pay only less than $10 to play this game.
What are two reasons why people are willing to pay so much less than the expected value?
These people are ready to pay less than $10 to play this game due to the fact that people usually overlook the unlikely event when making decisions. In a bid to that logic, they gamble in order to double their amount of money and the probability that heads may never come is ignored by these people and they may hope for a likely event i.e a head every time they play the game.
Also, the expected value is so humongous that if and only if that the first head appears after a long series of tails which is very less certain to occur, because mostly people would think that on an average the length of a series of tails ( or heads) is somewhat near 10 or so, but definitely infinity.