Torrey starts a new job with an annual salary of $60,000. For each year she continues to work for the same company, she will rec
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Written in 2-point form, the equation of the line is
y = (y2-y1)/(x2-x1)·(x-x1) +y1
y = (3-(-5))/(-6-(-4))·(x-(-4)) + (-5)
y = 8/-2·(x +4) - 5
y = -4x -21
The value of b is -21.
y = (y2-y1)/(x2-x1)·(x-x1) +y1
y = (3-(-5))/(-6-(-4))·(x-(-4)) + (-5)
y = 8/-2·(x +4) - 5
y = -4x -21
The value of b is -21.
Answer:
The expected value of Jordan gains is -1 dollar.
Step-by-step explanation:
Consider the following random variables. X := #of shots that Jordan makes. Then, we can can define the random variable Y of the earnings of Jordan in a game as follows
Y = 5 if X=2 (since he gets 10, but invested 5), Y=0 if X=1(since he gets the 5 back) and Y=-5 if X=0(since he doesn't get the money back). Then, in this case, we can define the probability as follows.
P(Y=5) = P(X=2), P(Y=0) = P(X=1), P(Y=-5)= P(X=0).
By definition, the expected value of Y is given by
. By the previous analysis, we have that
We only need to calculate the probabilities for X. In this case, we can consider each shot independt from each other. Then, we can consider X to be distributed as a binomial random variable with n=2 trials and p=0.4 of success (since he has a 40% chance of winning).
Then, by definition
where
Then,
Then,