Annie is participating in a winner-take-all World Series of Poker tournament that costs 101010 thousand dollars to enter. The prize for winning the tournament is 500500500 thousand dollars. Annie estimates that there is a 0.5 \%0.5%0, point, 5, percent chance that she will win the tournament. Find the expected value of entering the tournament for Annie.

Answers

Answer 1

Answer: −7.5 thousand dollars

Step-by-step explanation: Khan Academy

Answer 2

Using the expected value formulae, the expected value of Annie entering the tournament is -$7950

Creating a probability distribution table :

Net amount won = (500 - 100) = 400 thousand

Amount lost = 100 thousand

X ___ : - 10,000 ____ 400,000

P(X) _ : __ 0.995 _______ 0.005

Using the expected value formulae:

E(X) = Σ[X × P(X)]

E(X) = (0.995 × - 10,000) + (0.005 × 400,000)

E(X) = - 9950 + 2000

E(X) = -7950

Hence, the expected value of entering the tournament is -$7950

Learn more : https://brainly.com/question/19236072


Related Questions

I'LL GIVE BRAINLIST!! THERES 2 ANSWERS!! PLEASE HELP!! ​

Answers

Answer:

i would go with option 2, just depending on how many pounds u get for $6.58 though.

please help me please please nice brainly people pls

Answers

Answer:

I think your answer is B= 12.

Step-by-step explanation:

Its x times 1 .33333 = y

brainliest?

B=12 its x time 1.33333 = y

Pls help! What is mSN ?

Answers

Answer:

ur ugly face

Step-by-step explanation:

ooooooooooooooooooooooooooooooo

What is the slope of this line?

A: - 1/3

B: - 2/3

C: 2/3

D: 1/3

Answers

Answer:

The answer is C. 2/3

Step-by-step explanation:

Answer:

C. 2/3

Step-by-step explanation:

equation for slope: y2 - y1 / x2 - x1

Pick any two exact points from the line. I will use (0, -3) and (3, -1)

The y's for both points are -3 and -1. The x are 0 and 3. Plug that into the equation

-3 - (-1) / 0 - 3

= -3 +1 / 0 - 3

-2/-3

Negatives cancel so it becomes positive

So the slope is 2/3

In the year 2007, a company made $6.6 million in profit. For each consecutive year after that, their profit increased by 13%. How much would the company's profit be in the year 2010, to the nearest tenth of a million dollars?

Answers

Answer:

$9.5 million

Step-by-step explanation:

Profits = $6.6 million

Each year increase = 13% = 0.13

2007 - 2010 = 3 years

Profits = 6.6(1 + .13)^3

= 6.6(1.13)^3

= 6.6 × 1.442896

= $9.5231202 million

Approximately $9.5 million to the tenths of a million dollars

if two equations are the same at two different points, what can be said about the two equations?

Answers

Answer:

They are parallel

Step-by-step explanation:

They will have the same slope but never intersect

Please finish 13,14,15 please I will give 10 points and brainliest

Answers

Answer:
13. 2.5
14. -2
15. 1.5

Equations:
13. y=2.5x-3
14. y=-2x+1
15. y=1.5x-8

Hey friends! If u guys wanna help I’d really appreciate it! I’m in need of some help rn lol I’ll give u all my points!!!!!

Answers

Answer: it’s C

Step-by-step explanation:

3x^2 + 2x^2=


6x^3 - 2x^3=


first answer gets brainiest :)

Answers

Answer:

1) [tex]13x^{2}[/tex]

2) [tex]208x^{6}[/tex]

Step-by-step explanation:

(3*3(x)^2) + (2*2(x)^2) = 9x^2 + 4x^2 = 13x^2

(6*6*6(x)^3) - (2*2*2(x)^3) = 216x^3 - 8x^3 = 208x^3

hey ok i need help on this question ive been stuck on it for a couple minutes haha

Answers

Answer:

The side s has a length of 4 and side q has a length of 4[tex]\sqrt{3}[/tex] ⇒ F

Step-by-step explanation:

In the 30°-60°-90° triangle, there is a ratio between its sides

side opp (30°) : side opp (60°) : hypotenuse

       1               :         [tex]\sqrt{3}[/tex]            :        2

In the given triangle

∵ The side opposite to 30° is s

∵ The side opposite to 60° is q

∵ The hypotenuse is 8

→ Use the ratio above to find the lengths of s and q

side opp (30°) : side opp (60°) : hypotenuse

       1               :         [tex]\sqrt{3}[/tex]            :        2

       s               :          q             :        8

→ By using cross multiplication

s × 2 = 1 × 8

∴ 2s = 8

→ Divide both sides by 2

s = 4

The length of s is 4

q × 2 = [tex]\sqrt{3}[/tex] × 8

∴ 2q = 8[tex]\sqrt{3}[/tex]

→ Divide both sides by 2

q = 4[tex]\sqrt{3}[/tex]

The length of q is 4[tex]\sqrt{3}[/tex]

Ludmilla Pavel is paid a commission on all sales over $3,000 a week. Last week she earned a commission
of $420 on sales of $16,000. What rate of commission was she paid to the nearest tenth percent

Answers

Answer:

Since she sold $16,000, she earned commission on $13,000 of it.

So she earned $420 from $13,000

420/13000 = 0.0323 which is 3.23% or 3.2% to the nearest tenth %

10

Step-by-step explanation:

Answer:

3.23% or 3.2% to the nearest tenth %

Step-by-step explanation:

Since she sold $16,000, she earned commission on $13,000 of it. So she earned $420 from $13,000. 420/13000 = 0.0323 which is 3.23% or 3.2% to the nearest tenth %

Select the graph of g(x) = |-2х + 6|
can someone tell me if this is right

Answers

Answer:

no

Step-by-step explanation:

the graph should be facing up.

It is a also hi I am lulu

What is the slope-intercept equation for the line below?
(5, 4)
(0, 2)

Answers

Answer:

=  

2/5x +2

Step-by-step explanation:

let me know if im wrong

hope it helps :)

Answer:

A. y=2/5x +2

step-by-step explanation:

hope this helped :-)

question below :) i suck at math

Answers

Step-by-step explanation:

You plug g(3) into the equation like this

g(3) = -x - 2

A credit card company uses your average daily balance to compute your finance charge. You charge $100 on May 2 and $200 on May 20. What is your average daily balance?

Answers

Answer:

$5.56

Step-by-step explanation:

On may 2, charge = $100

On may 20, charge = $200

To get the average daily balance, we will use the concept of calculating slope;

let d be day of the month and c be the amount charged

when d1 = 2, c1 = 100

when d2 = 20, c2 = 200

average daily balance = c2-c1/d2-d1

average daily balance = 200-100/20-2

average daily balance = 100/18

average daily balance ≈ 5.56

Hence your average daily balance is approximately $5.56

if f(x)=3x-1 find f(2)

pls show steps I rlly need to understand this!

Answers

f(2)=3(2)-1
f(2)=6-1
f(2)=5

what is positive 1 plus negative 6

Answers

Answer:

-5

Step-by-step explanation:

When answering these problems, I like to think of dirt stacks. (Weird, but it helps.)

Okay, so you have a stack of dirt one foot off the ground. Then you dig six feet down, including the stack.  Because the stack will be 5 feet into the ground now, the answer is -5.

Two functions are given.
f(x)=-x^2+3x-2
g(x)=-x+1
What is one value for x such that f(x)=g(x)?

Answers

Hi

f(x) = g(x)   if    -x²+3x-2   - ( -x+1) = 0

                      -x² +3x-2 +x-1 = 0

                      -x² +4x -3 = 0

To solve, tou have to use the general method of resolution of a quadratic fonction.  

To determine if it's has a solution in R, let's calculate  Δ

Δ = (4)² - 4 * (1) *(-3)

Δ = 16 +12

Δ= 28  

as Δ≥ 0  so  the function allow two solution within R  

so S 1 =  ( -4 +√28) / 2            S 2 =   (-4 -√28 ) /2

    S1 =   ( -4 + 2√7) /2            S2 =    (-4 - 2√7) /2

    S1 =    (2 (-2 +√7) /2            S2      2 (-2 -√7)   /2

    S1 =    -2 +√7                       S2 =      -2 -√7

So the two function  are equal   twice. one  for   x = -2 +√7  and second x = -2-√7

Karla needs 3.7 pounds of chicken. If each pound of chicken costs $4.50, how much will she need to spend altogether?

Answers

Answer:    $16.65

Step-by-step explanation:3.7*$4.50=$16.65

How many units are there

Answers

Answer:

There are 9 units

Step-by-step explanation:

A carpenter added a diagonal brace to gate. The gate is 8ft. Wide and 10 ft. Tall. How long is the brace

Answers

Answer:

The brace is [tex]2\sqrt{41}[/tex] ft ≅ 12.806 ft long

Step-by-step explanation:

The length of the diagonal of a rectangle can be found using this rule

[tex]d=\sqrt{l^{2}+w^{2}}[/tex] , where

l is its length w is its width

∵ The gate has shaped a rectangle

∵ Its length = 10 ft

∵ Its width = 8 ft

l = 10 and w = 8

∵ The brace is the diagonal

→ By using the rule above

∴ [tex]d=\sqrt{(10)^{2}+(8)^{2}}=\sqrt{100+64}=\sqrt{164}[/tex]

∴ The length of the brace = [tex]2\sqrt{41}[/tex] ≅ 12.806 ft

The brace is [tex]2\sqrt{41}[/tex] 12.806 ft long

An ice cream shop is testing some new flavors of ice cream. They invent 25 new flavors for customers to try, and throw out the 13 least popular flavors. The shop makes 80 cartons of each of the remaining flavors. It takes 2 cartons to get one liter(L) of ice cream How much total ice cream is in the cartons?

Answers

Answer:

960 cartons

Step-by-step explanation:

Ice cream shop invented 25 new flavors of the ice cream out of which 13 flavors were discarded by the ice cream shop as they were least popular.

So flavors left = 25 - 13 = 12

The shop made 80 cartons each of 12 flavors so total number of cartons = 12×80 = 960 cartons

Therefore answer will be 960 cartons of remaining flavors

plz mark brainly

Please help
29.25 + (−47.5)

Answers

Answer:   -18.25 is your answer.

because there is one negative sign so you know your answer negative. So  29.25 + -47.6 = -18.25

Step-by-step explanation:

Tyler gathered data from 12 recent basketball games about the number of points he scored, the number of points his teammate Nolan scored, and the total number of points his team scored. He displayed the data in two scatter plots.

Does either scatter plot indicate a positive correlation between the variables?

Answers

Answer:

Only plot B

Step-by-step explanation:

Answer:

Only Plot B

Step-by-step explanation:

The points in plot A are randomly scattered, and there is no recognizable pattern. So, this plot indicates no correlation between the points Tyler scored and the points Nolan scored.

In plot B, the total points Tyler’s team scored appear to increase as the points Tyler scored increase. This pattern indicates a positive correlation between the two variables.

So, only plot B indicates a positive correlation.

8x+3y=14,2x+y=4. PLz solve this it’s emergency

Answers

Answer:

x=1, y=2

Step-by-step explanation:

1) 8x+3y=14 Original system of linear 2d equations

   2x+y=4

2)     8x+3y=14

   -4 (2x+y) =-4(4)   Multiply second equation by negative four.

3)    8x+3y=14

  +  -8x-4y=-16   Add equations, eliminating x terms

4) -y=-2

     y=2 solve for y

5) 8x+3(2)=14 Substitute solution for y to solve for x

    8x=14-6

    8x=8

       x=1

Simple Inequalities:
2 <6
29
Which compound inequality and graph match the given simple inequalities?

Answers

I think it is the first option. hope this helps :)

A farmer sells his com for $320 a metric ton with a small surcharge of $25. His neighbor sells her corn crop for $320 a
metric ton and gives a $20 rebate. Write the cost model equations for both farmers and find the amount of corn that
makes the costs equal.

Answers

jnncjdjjcndncj hdjdjjdjcnekmsmxmenbrjfkekwkdkkrrmfmf

The next section (This is the last five, don't worry xd)
7th grade math
I will give brainliest!
2 = a/6
find the value of a

Answers

Answer:

a = 12

Step-by-step explanation:

Given

2 = [tex]\frac{a}{6}[/tex] ( multiply both sides by 6 to clear the fraction )

12 = a

Answer:

a = 12

Step-by-step explanation:

We can do the inverse of division which is multiplication. 6 x 2 equals 12 and if we substitute 12 for a (12 divided by 6) you get 2 hope that helpss!!!

EASY QUESTION HELP AND HURRRYYYYY!!!!

Answers

Answer:

d

Step-by-step explanation:

Answer:

D, s=v

Step-by-step explanation:

although its scaled, the angles are equal to each other. pls brainliest im new and never got brainliest before thx appreciate it

Suppose 15% of x equals 20% of y. What percentage of x is y?
a) 5 b) 35 c) 75 d) 133 1/5 e) 300

Answers

Answer:

c)15

Step-by-step explanation:

Confirmed by rsm

A percentage is a way to describe a part of a whole. x is 133¹/₃% of y. The correct option is D.

What are Percentages?

A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.

To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.

Given that 15% of x equals 20% of y. Therefore, we can write,

15% of x = 20% of y

(15/100) × x = (20/100) × y

Multiply both the sides of the equation by 100,

(15/100) × x × 100 = (20/100) × y × 100

15x = 20y

x/y = 20/15

Divide both the sides of the equation by 5,

x/y = 4/3

Now, the percentage of x that is y is,

Percentage = (x/y) × 100%

                   = (x/y) × 100%

                   = (4/3) × 100%

                   = 133.33%

                   = 133 ¹/₃ %

Hence, x is 133.33¹/₃% of y.

Learn more about Percentages here:

https://brainly.com/question/6972121

#SPJ2

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