g Suppose you have $100 of endowment, and you are offered a chance to buy a lottery which costs $36. The lottery has 18% of chance to win a prize of $G, or you just lose and get nothing. Suppose your utility function on wealth is U(w)=\sqrt{w}. What is the least prize size G that you will be willing to buy the lottery?

Answers

Answer 1

Answer:

$301.23

Step-by-step explanation:

We have that the function of wealth is U (w) = w ^ (1/2)

So, since what you have at the start is 100, we replace:

U (w) = 100 ^ (1/2)

U = 10

Now we have two cases:

the first one we win, then the winnings would be 100 minus the cost of the lottery, that is 36 and to that add G of the prize:

100 - 36 + G = 64 + G

In the second case, where we lose, the subtraction of 100 that we have minus the cost of the lottery would be equal 36

100 - 36 = 64

Therefore, we have to win with an 18% probability, therefore losing would be 82% (100% - 18%)

0.18 * (64 + G) ^ (1/2) + 0.82 * 64 ^ (1/2)

solving:

0.18 * (64 + G) ^ (1/2) + 6.56

Now this is equal to U which is equal to 10:

10 = 0.18 * (64 + G) ^ (1/2) + 6.56

(10 - 6.56) /0.18 = (64 + G) ^ (1/2)

(64 + G) ^ (1/2) = 19.11

(64 + G) = 365.23

G = 365.23 - 64

G = 301.23

Therefore, the smallest G prize size that the lottery will be willing to buy is $ 301.23


Related Questions

If the general term of a sequence is 4, then the sequence is
A)4,4,4,4,
B)4,16,64.216
C)4, 8, 12, 16,

Answers

Answer:

Correct answer is A) 4,4,4,4

Lucas and Erick are factoring the polynomial 12x3 – 6x2 + 8x – 4. Lucas groups the polynomial (12x3 + 8x) + (–6x2 – 4) to factor. Erick groups the polynomial (12x3 – 6x2) + (8x – 4) to factor. Who correctly grouped the terms to factor? Explain.

Answers

Answer:

Lucas groups the polynomial (12x^3 + 8x) + (–6x^2 – 4) to factor → 2 (2 x - 1) (3 x^2 + 2)

Step-by-step explanation:

Factor the following:

12 x^3 - 6 x^2 + 8 x - 4

Hint: | Factor out the greatest common divisor of the coefficients of 12 x^3 - 6 x^2 + 8 x - 4.

Factor 2 out of 12 x^3 - 6 x^2 + 8 x - 4:

2 (6 x^3 - 3 x^2 + 4 x - 2)

Hint: | Factor pairs of terms in 6 x^3 - 3 x^2 + 4 x - 2 by grouping.

Factor terms by grouping. 6 x^3 - 3 x^2 + 4 x - 2 = (6 x^3 - 3 x^2) + (4 x - 2) = 3 x^2 (2 x - 1) + 2 (2 x - 1):

2 3 x^2 (2 x - 1) + 2 (2 x - 1)

Hint: | Factor common terms from 3 x^2 (2 x - 1) + 2 (2 x - 1).

Factor 2 x - 1 from 3 x^2 (2 x - 1) + 2 (2 x - 1):

Answer: 2 (2 x - 1) (3 x^2 + 2)

Answer:

Both students are correct because polynomials can be grouped in different ways to factor. Both ways result in a common binomial factor between the groups. Using the distributive property , this common binomial term can be factored out. Each grouping results in the same two binomial factors.

Step-by-step explanation:

this is the sample response provided by edge

. Suppose you randomly choose 10 dentists and ask whether they recommend Colgate toothpaste. What is the probability that exactly 8 dentists in your sample recommend Colgate toothpaste

Answers

Answer:

Step-by-step explanation:

The probability that a dentist recommend Colgate is;

P = 1/2 = 0.5

The probability that a dentist doesn't recommend Colgate is;

P' = 1 - P = 1 -0.5 = 0.5

Of 10 sample dentists, the probability that exactly 8 dentists recommend Colgate toothpaste is;

8 will recommend and two will not recommend it.

P(X) = P^8 × P'^2

P(X) = (0.5)^8 × (0.5)^2

P(X) = 0.0039 x 0.25

P(X) = 0.00098 = 0.098%

A private shipping company will accept a box for domestic shipment only if the sum of its length and girth​ (distance around) does not exceed 108 inches. Suppose you want to mail a box with square sides so that its dimensions are h by h by w and its girth is 2 h plus 2 w. What dimensions will give the box its largest​ volume?

Answers

Answer:

18×18×36

Step-by-step explanation:

According to the Question

108≥ 4h + w

Volume V is given by

V = wh^2

⇒V= (108-4h)h^2

⇒V= 108h^2 - 4h^3

Now differentiating and keeping = 0 we get

V' = 216h - 12h^2 = 0

h = 216/12 = 18

w = 108 - 4×18 = 36

V = 36×18^2 = 11664 from a box of 18×18×36.

Please help! Correct answer only, please! Consider the matrix shown below: Using your calculator find the inverse of the matrix Q (i.e. Find Q^-1).

Answers

Answer:  C

Step-by-step explanation:

In order to find the inverse, transpose the matrix then find the determinant of each 2 x 2 matrix within it.

[tex]Q=\left[\begin{array}{ccc}2&2&3\\1&1&1\\3&2&1\end{array}\right] \qquad \rightarrow \qquad Q^T=\left[\begin{array}{ccc}2&1&3\\2&1&2\\3&1&1\end{array}\right][/tex]

[tex]det\left[\begin{array}{cc}1&2\\1&1\end{array}\right] =\bold{-1}\qquad det\left[\begin{array}{cc}2&2\\3&1\end{array}\right]=\bold{-4}\qquad det\left[\begin{array}{cc}2&1\\3&1\end{array}\right] =\bold{-1}\\\\\\\\det\left[\begin{array}{cc}1&3\\1&1\end{array}\right] =\bold{-2}\qquad det\left[\begin{array}{cc}2&3\\3&1\end{array}\right]=\bold{-7}\qquad det\left[\begin{array}{cc}2&1\\3&1\end{array}\right] =\bold{-1}\\[/tex]

[tex]det\left[\begin{array}{cc}1&3\\1&2 \end{array}\right] =\bold{-1}\qquad det\left[\begin{array}{cc}2&3\\2&2\end{array}\right]=\bold{-2}\qquad det\left[\begin{array}{cc}2&1\\2&1\end{array}\right] =\bold{0}[/tex]

[tex]Q^{-1}=\large\left[\begin{array}{ccc}1&-4&1\\-2&7&-1\\-1&-2&0\end{array}\right][/tex]

According to exit polls, the voting "gender gap" was 22 points in the 2016 House of Representatives election; that is, women voted for Democrats by 10 percentage points, and men voted for Republicans by 12 percentage points. Political scientists are curious to see if this gap holds- or increases- in 2018, but statisticians might be more interested in the processes behind exit polling and the rellabllity of thelr results.
When conducting exit polls, pollsters will randomly select a certain number of precincts, then attempt to get all the voters leaving the polling place to participate in their poll. If they can't get all voters, they will instead attempt to get every nth voter to participate. Many polling companies believe that Democrats are more likely to agree to an exit poll than Republicans or Independents.
Of course, not everyone votes in the morning/mid-afternoon of the election. To get an idea of the preferences of people who voted in the precinct before election day, typically by absentee ballots, companies will attempt a random telephone survey of those voters. Exit polls often wrap up and leave the field before voting stations close, so people voting in the last couple hours of the day may also be missed
(a) What type of sampling methods are used in selecting people for exit polls?
a. Simple Random Sampling
b. Cluster Sampling
c. Stratified Sampling
d. Convenience Sampling
e. Systematic Sampling
(b) Why do the polllng companles randomly select the preclncts to vislt?
a. Randomly selecting precincts to assign pollsters ensures that the companies can conclude a cause and effect relationship between the voters' beliefs and their voting pattern
b. There are too many precincts to manually select, so they are forced to randomly select them
c. Randomly selecting precincts increases the likelihood that the people polled represent the population well.

Answers

Answer:

A) cluster sampling ( b ) and systematic sampling ( e )

B ) Randomly selecting precincts increases the likelihood that the people polled represent the population well. ( c )

Step-by-step explanation:

Cluster sampling is a type of sampling plan used when there is an internally heterogeneous groups can be found inside a population that is supposed to be mutually  homogeneous . while systematic sampling is a type of probability sampling that involves the selection of samples from a larger population at random but using a specific interval. to get the systematic sample the larger population is divided by the sample size.

from the information available in the report it is very evident that not all voters can be captured at once hence cluster sampling and systematic sampling would be employed .  

B) the company will randomly select precinct to increase the likelihood of the sample size representing the entire population very well

Identify the domain of a radical function with an odd index.

Answers

Answer:When n is an odd number, [tex]\sqrt[n]{a}[/tex] is a real number for all values of a. Then, the domain is the real domain.

Jeanie wrote the correct first step to divide 8z2 + 4z – 5 by 2z.
Which shows the next step?
A.4z + 2 –
B.4z2 + 2 –
C.4z2 + 2 –
D.4z + 2 –

Answers

Answer:

4z + 2 - 5/2z

Step-by-step explanation:

8z^2 + 4z -5

divided by 2z

8z^2 /2z = 4z

4z/2z =2

5/2z = 5/2z

Putting them back together

4z + 2 - 5/2z

Answer:

A   4z + 2 - 5/2z

Step-by-step explanation:

2. The width of a rectangle is 12 inches less than its length. The perimeter of the rect-
angle is 56 inches. Find the length and width of the rectangle.​

Answers

Answer:

[tex] P= 2*Lenght + 2*Width[/tex]

Since the perimeter is 56 inches we can solve for the lenght with this equation:

[tex] 56 in = 2*12in + 2*Length[/tex]

And solving for the length we got:

[tex] Length = \frac{56in -24 in}{2} 16 in[/tex]

So then the lenght = 16 inhes and the width of 12 inches

Step-by-step explanation:

For a rectangle of width 12 inches and lenght y inches we know that the perimeter is given by:

[tex] P= 2*Lenght + 2*Width[/tex]

Since the perimeter is 56 inches we can solve for the lenght with this equation:

[tex] 56 in = 2*12in + 2*Length[/tex]

And solving for the length we got:

[tex] Length = \frac{56in -24 in}{2} 16 in[/tex]

So then the lenght = 16 inhes and the width of 12 inches

Please answer number 3 I will give brainliest thank you!

Answers

Answer:

Skewed to right

Step-by-step explanation:

there is no explanation, it just is, just like how 1+1 is 2

Brainleist! as you promised!

Answer:

Yeah no skewed right, like the guy said.

Which product represents the fraction of the circle that is shaded?
A
B
C
D

Answers

Answer:
The product that represent the fraction of the circle that is shaded should be B. 1/4*2/3

Step by step explanation:
That is because when multiplied it’s 1/6.
1/4* 2/3= 2/12
2/12 /2 = 1/6

Answer:

B

Step-by-step explanation:

Mileage tests were conducted on a randomly selected sample of 100 newly developed automobile tires. The results showed that the mean tread life was 50,000 miles, with a standard deviation of 3,500 miles. What is the best estimate of the mean tread life in miles for the entire population of these tires?

Answers

Answer:

The best estimate of the mean of the population is 50,000 miles, which is the sample mean.

To make a better inference, we know that the 95% confidence interval for the mean is (49,306; 50,694).

Step-by-step explanation:

The unbiased point estimation for the population mean tread life is the sample mean (50,000 miles), as it is the only information we have.

Although, knowing the standard deviation, we can calculate a confidence interval to make a stronger inference.

We calculate a 95% confidence interval for the mean.

The population standard deviation is not known, so we have to estimate it from the sample standard deviation and use a t-students distribution to calculate the critical value.

The sample mean is M=50000.

The sample size is N=100.

When σ is not known, s divided by the square root of N is used as an estimate of σM:

[tex]s_M=\dfrac{s}{\sqrt{N}}=\dfrac{3500}{\sqrt{100}}=\dfrac{3500}{10}=350[/tex]

The degrees of freedom for this sample size are:

[tex]df=n-1=100-1=99[/tex]

The t-value for a 95% confidence interval and 99 degrees of freedom is t=1.98.

The margin of error (MOE) can be calculated as:

[tex]MOE=t\cdot s_M=1.98 \cdot 350=694.48[/tex]

Then, the lower and upper bounds of the confidence interval are:

[tex]LL=M-t \cdot s_M = 50000-694.48=49306\\\\UL=M+t \cdot s_M = 50000+694.48=50694[/tex]

The 95% confidence interval for the mean is (49306, 50694).

George and Paula are running around a circular track. George starts at the westernmost point of the track, and Paula starts at the easternmost point. The illustration below shows their starting positions and running directions. They start running toward each other at constant speeds. George runs at 9 feet per second. Paula takes 50 seconds to run a lap of the track. George and Paula pass each other after 14 seconds.
After running for 4 minutes, how far east of his starting point is George?

Answers

Answer:

George is 43.20 ft East of his starting point.

Step-by-step explanation:

Let Paula's speed be x ft/s

George's speed = 9 ft/s

Note that speed = (distance)/(time)

Distance = (speed) × (time)

George takes 50 s to run a lap of the track at a speed of y ft/s

Meaning that the length of the circular track = y × 50 = 50y ft

George and Paula meet 14 seconds after the start of the run.

Distance covered by George in 14 seconds = 9 × 14 = 126 ft

Distance covered by Paula in 14 seconds = y × 14 = 14y ft

But the sum of the distance covered by both runners in the 14 s before they first meet each other is equal to the length of the circular track

That is,

126 + 14y = 50y

50y - 14y = 126

36y = 126

y = (126/36) = 3.5 ft/s.

Hence, Paula's speed = 3.5 ft/s

Length of the circular track = 50y = 50 × 3.5 = 175 ft

So, in 4 minutes (240 s), with George running at 9 ft/s, he would have ran a total distance of

9 × 240 = 2160 ft.

2160 ft around a circular track of length 175 ft, means that George would have ran a total number of laps (2160/175) = 12.343 laps.

Breaking this into 12 laps and 0.343 of a lap from the starting point. 0.343 of a lap = 0.343 × 175 = 60 ft

So, 60 ft along a circular track subtends an angle θ at the centre of the circle.

Length of an arc = (θ/360°) × 2πr

2πr = total length of the circular track = 175

r = (175/2π) = 27.85 ft

Length of an arc = (θ/360) × 2πr

60 = (θ/360°) × 175

(θ/360°) = (60/175) = 0.343

θ = 0.343 × 360° = 123.45°

The image of this incomplete lap is shown in the attached image,

The distance of George from his starting point along the centre of the circular track = (r + a)

But, a can be obtained using trigonometric relations.

Cos 56.55° = (a/r) = (a/27.85)

a = 27.85 cos 56.55° = 15.35 ft

r + a = 27.85 + 15.35 = 43.20 ft.

Hence, George is 43.20 ft East of his starting point.

Hope this Helps!!!

HURRY! WILL GIVE BRAINLIEST! HURRY

Answers

[tex]answer \\ = - 0.5 \\ please \: see \: the \: attached \: picture \: for \: \\ full \: solution \\ hope \: it \: helps \\ good \: luck \: on \: your \: assignment[/tex]

Answer:

Step-by-step explanation:

Please help me with this question!!!

Answers

Answer:

  θ = ±2π/3 +2kπ . . . . . for any integer k

Step-by-step explanation:

  2·cos(θ) +1 = 0

  cos(θ) = -1/2 . . . . . subtract 1, divide by 2

The cosine function has the value -1/2 for θ = ±2π/3 and any integer multiple of 2π added to that.

  θ = ±2π/3 +2kπ . . . . . for any integer k

Simon makes 30 cakes he gives 1/5 of the cakes to sali he gives 10 percent of the 30 cakes to jane what fraction of the 30 cakes does he have left

Answers

Answer:

7/10 or 70% left

Step-by-step explanation:

total cakes=  30

Gave to Sali

30*1/5= 6 cakes

Gave to Jane

30*1/10= 3 cakes

Cakes left:

30- (6-3)=21

Cakes left fraction:

21/30= 7/10 or 70 %

Answer:

7/10

Step-by-step explanation:

Cakes Simon gave to Sali = 30*1/5

= 6

Cakes Simon Gave to Jane = 30 * 1/10

= 3

Cakes left = 30 - (6-3)

= 21

21 cakes were left, so in terms of a fraction, it'd be 21/30, which can be reduced to 7/10

Hope this helps!

what is the solution for this equation [3y+7]=13​

Answers

Answer:2

Step-by-step explanation:

3y+ 7= 13

3y= 13 - 7

3y= 6

Y = 6/3

Y= 2

The answer to this is y= 2

The line y = kx + 4, where k is a constant, is
graphed in the xy-plane. If the line contains the
point (c,d), where c ≠ 0 and d ≠ 0, what is the slope
of the line in terms of c and d ?​

Answers

Answer:

(d - 4) / c

Step-by-step explanation:

The slope of the line in terms of c and d is (d - 4) / c.

Here, we have,

To find the slope of the line in terms of the coordinates of the point (c, d), we can use the slope-intercept form of a line, y = mx + b, where m represents the slope.

In the given equation, y = kx + 4, we can see that the coefficient of x is k, which represents the slope of the line.

Since the line contains the point (c, d), we can substitute these values into the equation:

d = kc + 4

To isolate the slope term, we rearrange the equation:

d - 4 = kc

Now, divide both sides by c:

(d - 4) / c = k

Therefore, the slope of the line in terms of c and d is (d - 4) / c.

To learn more on slope click:

brainly.com/question/3605446

#SPJ2

Convert decimal +61 and +27 to binary using the signed 2’s complement representation and enough digits to accommodate the numbers. Then perform the binary equivalent of (27) + (-61), (-27) + (+61), and (-27) + (-61). Convert then answers back to decimal and verify that they are correct.

Answers

Answer:

  the sum is 01011000₂ = 88

Step-by-step explanation:

For numbers of magnitude less than 128, it is convenient to use an 8-bit representation. I find it works will to convert back and forth through the octal (base-8) representation, as each base-8 digit converts nicely to three (3) base-2 bits.

  61 = 8·7 +5 = 075₈ = 00 111 101₂

  27 = 8·3 +3 = 033₈ = 00 011 011₂

Then ...

  [tex]\begin{array}{cc|ccc}&61&&00111101\\+&27&+&00011011\\ &\overline{88}&&\overline{01011000}\end{array}[/tex]

__

Starting from the right, we can convert the binary back to octal, then to decimal by considering 3 bits at a time:

  01 011 000₂ = 130₈ = 1·8² +3·8 +0 = 64 +24 = 88

The binary sum is the same as the decimal sum.

Solve x2 - 4x - 7 = 0 by completing the square. What are the solutions?

Answers

Answer:

[tex]x=2+\sqrt{11},\:x=2-\sqrt{11}[/tex]

Step-by-step explanation:

[tex]x^2-4x-7=0\\\mathrm{Solve\:with\:the\:quadratic\:formula}\\Quadratic\:Equation\:Formula\\\mathrm{For\:a\:quadratic\:equation\:of\:the\:form\:}ax^2+bx+c=0\mathrm{\:the\:solutions\:are\:}\\x_{1,\:2}=\frac{-b\pm \sqrt{b^2-4ac}}{2a}\\\mathrm{For\:}\quad a=1,\:b=-4,\:c=-7:\quad x_{1,\:2}=\frac{-\left(-4\right)\pm \sqrt{\left(-4\right)^2-4\cdot \:1\left(-7\right)}}{2\cdot \:1}\\x=\frac{-\left(-4\right)+\sqrt{\left(-4\right)^2-4\cdot \:1\left(-7\right)}}{2\cdot \:1}:\quad 2+\sqrt{11}[/tex]

[tex]x=\frac{-\left(-4\right)-\sqrt{\left(-4\right)^2-4\cdot \:1\left(-7\right)}}{2\cdot \:1}:\quad 2-\sqrt{11}\\\mathrm{The\:solutions\:to\:the\:quadratic\:equation\:are:}\\x=2+\sqrt{11},\:x=2-\sqrt{11}[/tex]

Suppose Carol Danvers invested $1,000 into an account paying 6% annual interest compounded
annually.

How much is in her account at the end of one year?

Answers

Answer:

$ 1,060.00

Step-by-step explanation:

A = $ 1,060.00

A = P + I where

P (principal) = $ 1,000.00

I (interest) = $ 60.00

Compound Interest Equation

A = P(1 + r/n)^nt

Where:

A = Accrued Amount (principal + interest)

P = Principal Amount

I = Interest Amount

R = Annual Nominal Interest Rate in percent

r = Annual Nominal Interest Rate as a decimal

r = R/100

t = Time Involved in years, 0.5 years is calculated as 6 months, etc.

n = number of compounding periods per unit t; at the END of each period

Can anybody help me with this one?

Answers

Answer:

  12 cm

Step-by-step explanation:

The rule regarding secants and/or tangents is that the product of distances from their common point to the two intersection points with the circle is the same.

For the tangent the "two" intersection points with the circle are the same point, so ...

  product of tangent lengths = product of secant lengths

  (8 cm)(8 cm) = (4 cm)(4 cm +x)

Dividing by 4 cm gives ...

  16 cm = 4 cm + x

  12 cm = x

Can someone please help me I’m stuck I don’t know

Answers

Answer:

140

Step-by-step explanation:

Because the lines are parallel:

[tex]\dfrac{DE}{35}=\dfrac{60}{15} \\\\DE=4\cdot 35=140[/tex]

Hope this helps!

Z=1.23 z=0.86 WHAT is the area of the shaded region between the two

Answers

Answer:

The area of the shaded region between [tex] \\ z = 1.23[/tex] and [tex] \\ z = 0.86[/tex] is [tex] \\ P(0.86 < z < 1.23) = 0.08554[/tex] or 8.554%.

Step-by-step explanation:

To solve this question, we need to find the corresponding probabilities for the standardized values (or z-scores) z = 1.23 and z = 0.86, and then subtract both to obtain the area of the shaded region between these two z-scores.

We need to having into account that a z-score is given by the following formula:

[tex] \\ z = \frac{x - \mu}{\sigma}[/tex]

Where

x is a raw score from the distribution that we want to standardize using [1].[tex] \\ \mu[/tex] is the mean of the normal distribution.[tex] \\ \sigma[/tex] is the standard deviation of the normal distribution.

A z-score indicates the distance of x from the mean in standard deviations units, where a positive value "tell us" that x is above [tex] \\ \mu[/tex], and conversely, a negative that x is below [tex] \\ \mu[/tex].

The standard normal distribution is a normal distribution with [tex] \\ \mu = 0[/tex] and [tex] \\ \sigma = 1[/tex], and has probabilities for standardized values obtained using [1]. All these probabilities are tabulated in the standard normal table (available in any Statistical book or on the Internet).

Using the cumulative standard normal table, for [tex] \\ z = 1.23[/tex], the corresponding cumulative probability is:

[tex] \\ P(z<1.23) = 0.89065[/tex]

The steps are as follows:

Consult the cumulative standard table using z = 1.2 as an entry. Z-scores are in the first column of the mentioned table. In the first row of it we have +0.00, +0.01, +0.02 and, finally, +0.03. The probability is the point that result from the intersection of z = 1.2 and +0.03 in the table, which is [tex] \\ P(z<1.23) = 0.89065[/tex].

Following the same procedure, the cumulative probability for [tex] \\ z = 0.86[/tex] is:

[tex] \\ P(z<0.86) = 0.80511[/tex]

Subtracting both probabilities (because we need to know the area between these two values) we finally obtain the corresponding area between them (two z-scores):

[tex] \\ P(0.86 < z < 1.23) = 0.89065 - 0.80511[/tex]

[tex] \\ P(0.86 < z < 1.23) = 0.08554[/tex]

Therefore, the area of the shaded region between [tex] \\ z = 1.23[/tex] and [tex] \\ z = 0.86[/tex] is [tex] \\ P(0.86 < z < 1.23) = 0.08554[/tex] or 8.554%.

We can see this resulting area (red shaded area) in the graph below for a standard normal distribution, [tex] \\ N(0, 1)[/tex], and  [tex] \\ z = 0.86[/tex] and [tex] \\ z = 1.23[/tex].

please hurry I’ll make brainiest

The number of people at a concert can be modeled by the following
equation where p is the number of people and t is the time passed in
minutes.
P = 30(1.10) + 20
Based on the model, which of the following statements is true?

Answers

Answer:

There were 30 people attending at the start of the concert

Step-by-step explanation:

The coefficient of the value raised to an exponent in these types of functions is always the "starting" value. In your case, '30' is the coefficient, so it is the starting value. FYI: 1.10 is the rate at which the people increase, t is time passed, 20 is a constant, and P is the total number of people after the time goes by.

Answer:

There were 30 people attending at the start of the concert.

Step-by-step explanation:

30 is the coefficient, so that's your starting point, basically.

A quick quiz consists of a multiple-choice question with 5 possible answers followed by a multiple-choice question with 5 possible answers. If both questions are answered with random guesses, find the probability that both responses are correct. Report the answer as a percent rounded to two decimal place accuracy. You need not enter the "%" symbol. Probability = %

Answers

Answer:

Probability = 4%

Step-by-step explanation:

For each answer, there are only two possible outcomes. Either it is correct, or it is not. The probability of an answer being correct is independent of other answers. So we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

Each question has 5 possible answer:

The person guesses, so [tex]p = \frac{1}{5} = 0.2[/tex]

2 questions:

This means that [tex]n = 2[/tex]

Find the probability that both responses are correct.

This is P(X = 2).

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 2) = C_{2,2}.(0.2)^{2}.(0.8)^{0} = 0.04[/tex]

As a percent:

Probability = 4%

Which of the following is the slope of the line that passes through the points (-3,5) and (-3,-2)

Answers

Answer:

undefined.

Step-by-step explanation:

-2-5/-3-(-3)

-7/0

Undefined

Find the measure of angle x in the figure below: A triangle is shown. At the top vertex of the triangle is a horizontal line aligned to the base of the triangle. The angle formed between the horizontal line and the left edge of the triangle is shown as 56 degrees, the angle formed between the horizontal line and the right edge of the triangle is shown as 51 degrees. The angle at the top vertex of the triangle is labeled as y, and the interior angle on the right is labeled as 72 degrees. The interior angle on the left is labeled as x.

Answers

Answer:

[tex]x=35^\circ[/tex]

Step-by-step explanation:

From the diagram which I have drawn and attached below:

[tex]56^\circ+y+51^\circ=180^\circ$ (Sum of Angles on a Straight Line)\\y=180^\circ-(56^\circ+51^\circ)\\y=73^\circ[/tex]

Next, in the triangle, the sum of the three interior angles:

[tex]y+x+72^\circ=180^\circ\\$Since y=73^\circ\\73^\circ+x+72^\circ=180^\circ\\x=180^\circ-(73^\circ+72^\circ)\\x=35^\circ[/tex]

The value of angle x is 35 degrees.

A line intersects the point (-11, 4) and has
a slope of -2. What are the inputs to the
point-slope formula?
y - [?] = [ ](x-[])

Answers

Answer: Point slope form is y-y1=m(x-x1)

Step-by-step explanation:

Here y1=4

x1=-11

m i.e slope=-2

And there you go.

The probability of obtaining a defective 10-year old widget is 66.6%. For our purposes, the random variable will be the number of items that must be tested before finding the first defective 10-year old widget. Thus, this procedure yields a geometric distribution. Use some form of technology like Excel or StatDisk to find the probability distribution. (Report answers accurate to 4 decimal places.) k P(X = k) 1 .666 Correct 2 3 4 5 6 or greater

Answers

Answer:

For k = 1:

=NEGBINOMDIST(0, 1, 0.666) = 0.6660

For k = 2:

=NEGBINOMDIST(1, 1, 0.666) = 0.2224

For k = 3:

=NEGBINOMDIST(2, 1, 0.666) = 0.0743

For k = 4:

=NEGBINOMDIST(3, 1, 0.666) = 0.0248

For k = 5:

=NEGBINOMDIST(4, 1, 0.666) = 0.0083

For k = 6:

=NEGBINOMDIST(5, 1, 0.666) = 0.0028

Step-by-step explanation:

The probability of obtaining a defective 10-year old widget is 66.6%

p = 66.6% = 0.666

The probability of obtaining a non-defective 10-year old widget is

q = 1 - 0.666 = 0.334

The random variable will be the number of items that must be tested before finding the first defective 10-year old widget.

The geometric distribution is given by

[tex]$P(X = k) = p \times q^{k - 1}$[/tex]

Solving manually:

For k = 1:

[tex]P(X = 1) = 0.666 \times 0.334^{1 - 1} = 0.666 \times 0.334^{0} = 0.666[/tex]

For k = 2:

[tex]P(X = 2) = 0.666 \times 0.334^{2 - 1} = 0.666 \times 0.334^{1} = 0.2224[/tex]

For k = 3:

[tex]P(X = 3) = 0.666 \times 0.334^{3 - 1} = 0.666 \times 0.334^{2} = 0.0743[/tex]

For k = 4:

[tex]P(X = 4) = 0.666 \times 0.334^{4 - 1} = 0.666 \times 0.334^{3} = 0.0248[/tex]

For k = 5:

[tex]P(X = 5) = 0.666 \times 0.334^{5 - 1} = 0.666 \times 0.334^{4} = 0.0083[/tex]

For k = 6:

[tex]P(X = 6) = 0.666 \times 0.334^{6 - 1} = 0.666 \times 0.334^{5} = 0.0028[/tex]

Using Excel function:

NEGBINOMDIST(number_f, number_s, probability_s)

Where

number_f = k - 1 failures

number_s = no. of successes

probability_s = the probability of success

For the geometric distribution, let number_s = 1

For k = 1:

=NEGBINOMDIST(0, 1, 0.666) = 0.6660

For k = 2:

=NEGBINOMDIST(1, 1, 0.666) = 0.2224

For k = 3:

=NEGBINOMDIST(2, 1, 0.666) = 0.0743

For k = 4:

=NEGBINOMDIST(3, 1, 0.666) = 0.0248

For k = 5:

=NEGBINOMDIST(4, 1, 0.666) = 0.0083

For k = 6:

=NEGBINOMDIST(5, 1, 0.666) = 0.0028

As you can notice solving manually and using Excel yields the same results.

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