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julsineya [31]
2 years ago
8

An auction website charges $1 for a bid. The bidding starts at 1¢ and goes up 1¢ at a time. A television that is worth $2000 is

won, on average, with a bid of $160. You make one bid at random.
Find the expected value of the outcome of the bid. (Write as an exact decimal, with a negative sign, if necessary.)

Expected Value: $
Mathematics
2 answers:
zaharov [31]2 years ago
7 0
160 in 1¢ steps means 16,000 bids so you invest $1 with a 1/16000 probability<span> of a $2000 return the expected value (in dollars) is ___ -1 + [(1/16000) * 2000)] this is why auction websites exist
THIS MEANS 
</span>it is a 1/16,000 chance of earning<span> 1,999 while there is a 15,999 chance of losing a dollar so find 1/16000 which is 0.0000625 so do 1-0.0000625=.9999375 so .9999375*-1=-.9999375+(1999*.0000625=.1249375+-.9999375=0.875 </span>

jarptica [38.1K]2 years ago
3 0

Answer:

The answer is actually -0.885

I specialize in these problems. And yes I checked the answer and this is correct.

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Determine the equation of the line that passes through the given points (if you have a graphing calculator, you can us the table
vladimir2022 [97]

Answer:

d. y = -2×

Step-by-step explanation:

First to solve find the slope using the formula, \frac{10+10}{-5-5}. The slope equals 20/-10 or -2. Then plug the slope and point, (-5,10), into slope-point form. y-10=-2(x+5), then solve for y. This gives you y=-2x+0 or y=-2x.

8 0
2 years ago
if 1000 spherical of radius 1 cm are melted to form a bigger bulb. Then find the radius of bigger bulb​
never [62]

Answer:

10 cm

Step-by-step explanation:

Given:

No. of small spherical bulb = 1,000

radius (r) of smaller bulbs = 1 cm

Required:

radius of the bigger bulb

SOLUTION:

The following equation represents the relationship of the volume of the smaller and bigger bulb,

\frac{V_2}{V_1} = 1,000

Where,

V_2 = volume of bigger bulb

V_1 = volume of smaller bulb

1,000 is the number of smaller bulbs melted to form the bigger bulb.

Volume of a sphere is given as, ⁴/3πr³

Therefore:

V_2 = ⁴/3*π*r³ = 4πr³/3

V_1 = ⁴/3*πr³ = ⁴/3*π*(1)³ = ⁴/3π*1 = 4π/3

Plug the above values into the equation below:

\frac{V_2}{V_1} = 1,000

\frac{\frac{4*pie*r^3}{3}}{\frac{4*pie}{3}} = 1,000

\frac{4*pie*r^3}{3}*{\frac{3}{4*pie} = 1,000

\frac{4*pie*r^3*3}{3*4*pie} = 1,000

\frac{12*pie*r^3}{12*pie} = 1,000

r^3 = 1,000 (12pie cancels 12 pie)

r = 10 (taking the cube root of each side)

Radius of the bigger bulb = 10 cm

3 0
2 years ago
A ride at an amusement park moves the riders in a circle at a rate of 6.0 m/s. The radius of the ride is 9.0 meters. Which of th
lana [24]

Answer with explanation:

It is given that , ride at an amusement park moves the riders in a circle at a rate of 6.0 m/s.

a=\frac{dv}{dt}=6 m/s

Radius of Circle = 9.0 meters

Acceleration is rate of change of velocity,which will be perpendicular to radius vector.

Also, in terms of mathematics, line from center that is radius , to point of contact that is tangent line ,which is on the circle are perpendicular to each another.

→r(radius vector) ⊥  a(Acceleration vector).

So, In option A, Radius vector is Perpendicular to acceleration of riders.

4 0
2 years ago
Assume that in a statistics class the probability of receiving a grade of A equals .30 and the probability of receiving a grade
Tom [10]

Answer:

Answer D is correct

6 0
2 years ago
Josh has $500 in his savings account. He deposits $25 into his savings account each month. He purchased home theater equipment f
zzz [600]

Answer:

  B. 10 months

Step-by-step explanation:

The balance on the loan will be ...

  b = 1600 - 80t . . . . . . where t is the number of months of payments

The balance in the savings account will be ...

  s = 500 + 25t

The savings account balance will be at least as much as the loan balance when ...

  s ≥ b

  500 +25t ≥ 1600 -80t . . . substitute the account balance expressions

  105t ≥ 1100 . . . . . . . . . . . . add 80t -500

  t ≥ 1100/105 ≈ 10.48 ≈ 10

It will take Josh 10 months to have enough savings to pay the loan in full.

_____

<em>Comment on rounding</em>

IMO, it makes no sense to round down, as Josh will NOT have enough in 10 months. He will have enough after he makes one more payment of $80. At 10 months, the loan balance is $50 more than the savings balance. It will be 11 months before there is enough savings to pay off the loan.

4 0
2 years ago
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