Mathematics, 19.11.2020 20:30 auty2925
You decide you are going to buy a lottery ticket if the
expected earnings are larger than the ticket price. Tickets
cost $3, and you get $900 if you win. The odds of winning
1
are 1 in 400, meaning that you will win with probability
400
What is the expected earnings in this lottery, and should you
buy a ticket?
Answers: 1
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Suppose that in 2008 , 840,800 citizens died of a certain disease assuming the population of teh country is 399 miliion, what is the mortality rate in units of deaths per 100,000 people?
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The price of a visit to the dentist is calculated according to the formula 50+100n50+100n where nn is the number of cavities the dentist finds. on your last visit to the dentist, 22 cavities were found. what was the cost of your visit?
Answers: 2
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In a certain city, the hourly wage of workers on temporary employment contracts is normally distributed. the mean is $15 and the standard deviation is $3. what percentage of temporary workers earn less than $12 per hour? a. 6% b. 16% c. 26% d. 36%
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You decide you are going to buy a lottery ticket if the
expected earnings are larger than the ticke...
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