Suppose the inflation rate is 7% per year. How much would a $24 pair of sneakers cost in 8 years? Estimate your answer to 2 places after the decimal.
Tine your answer

answer: expected value of x = 1.0

step-by-step explanation:

p(x=0) = 0.25

p(x=1) = 0.50

p(x=2) = 0.25

expected value for x = 0×0.25 + 1×0.5 + 2×0.25 = 1.0

step-by-step explanation:

its 512 because parenthesis and to the 2nd power is 512 so it will be 512