According to the manufacturer's claim, we build an hypothesis test, find the test statistic and the p-value relative to this test statistic, we have that:
The value of the test statistic is z = 1.65.The p-value of the test is of 0.0495 > 0.02, which means that there is not sufficient evidence to say that his batting average has improved at the 0.02 level of significance.As the test involves a comparison of samples, it involves subtraction of normal variables, and for this, we need to understand the central limit theorem and subtraction of normal variables.
Central Limit Theorem
The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].
For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.
For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]
Subtraction between normal variables:
When two normal variables are subtracted, the mean is the difference of the means, while the standard deviation is the square root of the sum of the variances.
Before:
Average of 0.250 in 56 at bats, so:
[tex]p_B = 0.25[/tex]
[tex]s_B = \sqrt{\frac{0.25*0.75}{56}} = 0.0579[/tex]
After:
Average of 0.44 in 25 at bats, so:
[tex]p_A = 0.44[/tex]
[tex]s_A = \sqrt{\frac{0.44*0.56}{25}} = 0.0993[/tex]
Test if there was improvement:
At the null hypothesis, we test if there was no improvement, that is, the subtraction of the proportions is 0:
[tex]H_0: p_A - p_B = 0[/tex]
At the alternative hypothesis, we test if there was improvement, that is, the subtraction of the proportions is positive, so:
[tex]H_1: p_A - p_B > 0[/tex]
The test statistic is:
[tex]z = \frac{X - \mu}{s}[/tex]
In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, and s is the standard error.
0 is tested at the null hypothesis:
This means that [tex]\mu = 0[/tex]
From the samples:
[tex]X = p_B - p_A = 0.44 - 0.25 = 0.19[/tex]
[tex]s = \sqrt{s_A^2 + s_B^2} = \sqrt{0.0579^2 + 0.0993^2} = 0.1149[/tex]
Value of the test statistic:
[tex]z = \frac{X - \mu}{s}[/tex]
[tex]z = \frac{0.19 - 0}{0.1149}[/tex]
[tex]z = 1.65[/tex]
P-value of the test and decision:
The p-value of the test is the probability of finding a difference of at least 0.19, which is 1 subtracted by the p-value of z = 1.65.
Looking at the z-table, z = 1.65 has a p-value of 0.9505.
1 - 0.9505 = 0.0495.
The p-value of the test is of 0.0495 > 0.02, which means that there is not sufficient evidence to say that his batting average has improved at the 0.02 level of significance.
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In a random sample of 20 NBA basketball games the mean number of points scored by the home team was 100.4 with a standard deviation of 4.86.
Create and interpret a 95% confidence interval for the true mean number of points scored by an NBA basketball team at home.
You and your friend were watching a LA Lakers game where they were not playing at home. They only scored 98 points. Your friend says, "Wow, I bet if they were playing at home they would have scored a lot more points." Do you agree or disagree with your friend? Support your detailed answer.
Answer:
The 95% confidence interval is [tex]98.27 < \mu < 102.53[/tex]
This interval means that there 95% confidence that the true mean is within this interval
Yes i would agree with my friend because the lower and the upper limit 95% confidence interval for mean points scored at home is greater than 98 points
Step-by-step explanation:
From the question we are told that
The sample size is n = 20
The sample mean is [tex]\mu = 100.4[/tex]
The standard deviation is [tex]\sigma = 4.86[/tex]
Given that the confidence level is 95% then the level of significance is mathematically evaluated as
[tex]\alpha = 100 - 95[/tex]
[tex]\alpha = 5\%[/tex]
[tex]\alpha = 0.05[/tex]
Next we obtain the critical value of [tex]\frac{ \alpha }{2}[/tex] from the normal distribution table, the value is
[tex]Z_{\frac{ \alpha }{2} } = 1.96[/tex]
Generally the margin of error is mathematically represented as
[tex]E = Z_{\frac{\alpha }{2} } * \frac{\sigma}{ \sqrt{n} }[/tex]
substituting values
[tex]E = 1.96 * \frac{ 4.86 }{ \sqrt{20 } }[/tex]
[tex]E = 2.13[/tex]
The 95% confidence interval is mathematically represented as
[tex]\= x - E < \mu < \= x + E[/tex]
substituting values
[tex]100.4 - 2.13 < \mu < 100.4 + 2.13[/tex]
[tex]98.27 < \mu < 102.53[/tex]
Henry takes out a $650 discounted loan with a simple interest rate of 12% for a period of 7 months. How much money does Henry receive into his bank account when the loan is drawn down? Give your answer to the nearest cent.
Answer:
$546
Step-by-step explanation:
Given
Amount, P = $650
Rate, R = 12%
Period, T = 7 months
Required
Determine the amount paid.
We'll solve this using simple interest formula, as thus
[tex]I = \frac{PRT}{100}[/tex]
Substitute values for T, R and P
[tex]I = \frac{\$650 * 12 * 7}{100}[/tex]
[tex]I = \frac{\$54600}{100}[/tex]
[tex]I = \$546[/tex]
Hence, Henry's withdrawal is $546
Please help me to find this answer
Answer:
37
Step-by-step explanation:
Tan(B) = 6/8
B= arctan(3/4)=37
what should be added to 66.778 get 78.2
Answer:
11.422
Step-by-step explanation:
[tex]78.2 - 66.778 \\ = 11.422[/tex]
if a circumference of a circle is 22cm.find it diameter take pie 22/7.
Answer:
➕
Step-by-step explanation:
i know the answer ok it is easy
Help pleaseeeeeeeeeeeeeeeeeeee
Answer:
{-3, 1, 5, 6}
Step-by-step explanation:
The domain of a relation is the x-values represented in that function. In a coordinate pair, the x-value comes first, so all of the first numbers in each of the pairs are part of the domain. When writing domain, it should always be in the least to greatest order. Therefore, the domain is {-3, 1, 5, 6}. Since this relation is a function, none of the x-values will repeat.
a family size pizza is $24 and costs 3 times as much as a small pizza. peter buys two family size pizzas and 3 small pizzas. how much does he spend in all?
Answer: 72
Step-by-step explanation:
no. of family pizzas- 2
cost of one family pizza - 24 each
total cost for family pizza -48
one family pizza's cost equals to 3 small pizzas
which is cost of 3 small pizzas = 24
therefore, total cost= 24+48
=72
Can someone please help me? Please C: And thanks!
How much would you need to deposit in an account each month in order to have $50,000 in the account in 8 years? Assume the account earns 4% annual interest compounded monthly.
Answer:
$540.98
Step-by-step explanation:
future value= $ 50,000
number of deposits (n)= 8*12 = 96
rate (r) = 4% per month
= 4÷12 per annum
= 0.33% p.a
i = 0.33÷100
= 0.0033
We know,
Future value of annuity = P÷i [ (1 + i)^n - 1 ]
$50,000 = P÷ 0.0033 [ ( 1+0.0033)^96 - 1]
$50,000 * 0.0033=P [ (1.0033)^96 - 1 ]
$165 = P*0.305
P = $165÷0.305
P = $ 540.98
Rough::
let x= 1.0033)^96
log x = 96 * log (1.0033)
log x = 0.1156
x = Antilog (0.1156)
= 1.305
1.305 - 1 = 0.305
Select the correct answer.
Select the function that defines the given sequence.
-8, -20, -50, –125, 625,...
ОА
- 1)
f(n) = -8-()
n-
OB.
- 1)
= -8.(29)
OC f(1) = -8
f(n) = f(n − 1), for n = 2, 3, 4, ...
OD. (1) = 8
f(n) = - . 1(n − 1), for n = 2, 3, 4, ...
Answer:
Option C
Step-by-step explanation:
f(1) = -8
f(2) = -5/2×-8 = -20
f(3) = -5/2×-20 = -125
.
.
.
So option C is the answer
Answer:
C. a1 = -8
an = an-1 * 5/2 for n >1
Step-by-step explanation:
-8, -20, -50, –125, 625,...
We need to find the common ratio
Take the second term and divide by the first term
-20/-8 = 5/2
Take the third term and divide by the second term
-50/-20 = 5/2
The common ratio is 5/2
A geometric sequence is
an = a1 * r^(n-1)
an = -8 *(5/2)^(n-1)
We can also write a recursive formula
a1 = -8
an = an-1 * 5/2 for n >1
4) (20 pts) A box contains 5 apples and 6 oranges. Four children each receive a fruit from the box, one after the other, randomly chosen, without replacement. What is the probability that all four children receive the same fruit
Answer:
Probability of an event = Number of outcomes favourable to that event/ Number of all possible outcomes.
The set of all possible outcomes is called the sample space and is denoted by S.
Any 3 fruits out of 11 in the box can be randomly selected in 11C3= (11x10 x 9)/(1 x 2x3) = 165 ways. Hence n(S) = 165.
We want the desired event E that the 1 fruit of each type is chosen. Now 1 apple out of 5 can be chosen in 5C1 = 5 ways, 1 out of 4 oranges in 4C1 = 4 and 1 banana out of 2 in 2C1 = 2 ways. Therefore, by fundamental counting principle, one of each type of fruit can be chosen in 5x4x2 = 40 ways So n(E) = 40.
Hence the probability of getting three fruits one of each type is = n(E)/ n(S) = 40/165 = 8/33.
The probability that all four children receive the same fruit is 2/33.
What is Probability?Probability refers to potential. A random event's occurrence is the subject of this area of mathematics.
The range of the value is 0 to 1. Mathematics has incorporated probability to forecast the likelihood of various events.
The degree to which something is likely to happen is basically what probability means.
Given:
We have 5 apples and 6 oranges.
So, if we choose 4 apples then the probability can be
= 5 /11 x 4/10 x 3/9 x 2/8
= 120/ 7920
and, if we choose 4 oranges then the probability can be
= 6/11 x 5/10 x 4/9 x 3/8
= 360/ 7920
Thus, the combined probability
= 120/7920 + 360/7920
= 480/ 7920
= 2/33
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In the figure below, angle y and angle x form vertical angles. Angle x forms a straight line with the 50° angle and the 40° angle. A straight line is shown and is marked with three angles. The first angle measures 50 degrees. The second angle measures 60 degrees. The third angle is labeled x. The line between the 40 degree angle and angle x extends below the straight line. The angle formed is labeled angle y. Write and solve an equation to determine the measure of angle y.
Step-by-step explanation:
sorry but u should provide with a diagram for better understanding of ur question
Ahmad Conan deposited 60 quarters, 53 dimes, 44 nickels, and 50 pennies into his checking account. The total of the checks he deposited equaled $17 less than twice his total deposit. If Ahmad received 2 twenty-dollar bills in cash, what was his total deposit?
Answer:
40 $
Step-by-step explanation:
He first deposited 60 quarters=15$, 53 dimes=5.3$, 44 nickels=2.2$, and 50 pennies=0.5$ Total 23$
23$+17$=2*(total deposit)
so total deposit = 20
"If Ahmad received 2 twenty-dollar bills in cash" - does not mean that he deposited those 40$
so total deposit = 20$
Solve for h.
H+6/4= 5
When csc(Theta)sin(Theta) is simplified, what is the result? StartFraction 1 Over cosecant squared EndFraction StartFraction 1 Over sine squared EndFraction 0 1
Step-by-step explanation:
csc θ sin θ
(1 / sin θ) sin θ
1
The simplified value of the given expression comes to be 1.
The given expression is:
[tex]cosec\theta.sin\theta[/tex]
What is the trigonometric ratio [tex]cosec\theta[/tex]?The trigonometric ratio [tex]cosec\theta[/tex] is the ratio of the hypotenuse to the opposite side. It is the inverse of [tex]sin\theta[/tex].
[tex]cosec\theta=\frac{1}{sin\theta}[/tex]
We know that [tex]cosec\theta=\frac{1}{sin\theta}[/tex]
So [tex]cosec\theta.sin\theta[/tex]
[tex]=\frac{1}{sin\theta} .sin\theta[/tex]
=1
So, the simplified value is 1.
Hence, the simplified value of the given expression comes to be 1.
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divide 111001 by 1101
Based on the fact that you asked this three times and got the same answer three times, I suspect the interpretation made by the users that posted those answers was incorrect, and that you meant to ask about dividing in base 2.
We have
111001₂ = 1×2⁵ + 1×2⁴ + 1×2³ + 1×2⁰ = 57
1101₂ = 1×2³ + 1×2² + 1×2⁰ = 13
and 57/13 = (4×13 + 5)/13 = 4 + 5/13.
4 = 2² is already a power of 2, so we have
111001₂/1101₂ = 1×2² + 5/13
we just need to convert 5/13. To do this, we look for consecutive negative powers of 2 that 5/13 falls between, then expand 5/13 as the sum of the smaller power of 2 and some remainder term. For instance,
• 1/4 < 5/13 < 1/2, and
5/13 - 1/4 = (20 - 13)/52= 7/52
so that
5/13 = 1/4 + 7/52
or
5/13 = 1×2 ⁻² + 7/52
Then a partial conversion into base 2 gives us
111001₂/1101₂ = 1×2² + 1×2 ⁻² + 7/52
111001₂/1101₂ = 100.01₂ + 7/52
Continuing in this fashion, we find
• 1/8 < 7/52 < 1/4, and
7/52 = 1/8 + 1/104
==> 111001₂/1101₂ = 100.011₂ + 1/104
• 1/128 < 1/104 < 1/64, and
1/104 = 1/128 + 3/1664
==> 111001₂/1101₂ = 100.0110001₂ + 3/1664
• 1/1024 < 3/1664 < 1/512, and
3/1664 = 1/1024 + 11/13312
==> 111001₂/1101₂ = 100.0110001001₂ + 11/13312
• 1/2048 < 11/13312 < 1/1024, and
11/13312 = 1/2048 + 9/26624
==> 111001₂/1101₂ = 100.01100010011₂ + 9/26624
• 1/4096 < 9/26624 < 1/2048, and
9/26624 = 1/4096 + 5/53248
==> 111001₂/1101₂ = 100.011000100111₂ + 5/53248
and so on.
It turns out that this pattern repeats, so that
[tex]\displaystyle \frac{111001_2}{1101_2} = 100.\overline{011000100111}_2[/tex]
PLEASE HELP QUICK!!!Suppose the bill for dinner is $16.70, if you want to give a 10% tip what will be the total?
Answer:
$18.37
Step-by-step explanation:
$16.70 × 1.10 = $18.37
or
$16.70 × 0.10 = $1.67
$16.70 + 1.67 = $18.37
The area of a triangle is 24 square inches. What is the height of the triangle if the base length is 4 inches?
6 inches
8 inches
12 inches
20 inches
Answer:
[tex]\boxed {\boxed { \sf 12 \ inches}}[/tex]
Step-by-step explanation:
The area of a triangle can be calculated using the following formula.
[tex]a=\frac{1}{2} bh[/tex]
The area of the triangle is 24 square inches and the base is 4 inches long.
a= 24 in² b= 4 inSubstitute the values into the formula.
[tex]24 \ in^2 = \frac {1}{2} * 4 \ in * h[/tex]
Multiply on the right side of the equation.
[tex]24 \ in ^2 = ( \frac{1}{2} * 4 \ in ) * h[/tex]
[tex]24 \ in ^2 =2 \ in *h[/tex]
We are solving for the height of the triangle, so we must isolate the variable h. It is being multiplied by 2 inches. The inverse of multiplication is division, so we divide both sides by 2 inches.
[tex]\frac { 24 \ in ^2 }{2 \ in }= \frac{ 2 \ in *h}{ 2 \ in}[/tex]
[tex]\frac { 24 \ in ^2 }{2 \ in }= h[/tex]
[tex]12 \ in = h[/tex]
The height of the triangle is 12 inches.
What are m and b in the linear equation, using the common meanings of m and b? 2 + 3x + 5 - 2x = y
y=mx+b is the general formula of linear equation
y=-2x+5+3x+2
y=1x+7
m=1
b=7
Linear equation given in the question is,
2 + 3x + 5 - 2x = y
To simplify this equation further,
Add like terms of the equation,(2 + 5) + (3x - 2x) = y
7 + x = y
Now compare this linear equation with the slope-intercept form of the linear equation,
y = mx + b
Here, m = slope of the line'
b = y-intercept
By comparing the equations,
m = 1
b = 7
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I have this question on an assignment and my calculator won't show the horizontal asymptote correctly can I get some help here?
What's the question? I can try and help..
Carlos is an administrative assistant at an insurance agency. He wants to gather feedback from customers on their service. He doesn't have a lot of time, and he wants to have some data to share with his supervisor. What is the best way for Carlos to gather feedback? O a) Individual interviews O b) Survey O c) Focus group d) Phone calls
Answer: b) Surveys
When a person does not have enough time he must should take the faster and effective route in this case carlos does not have time for individual interviews or phone calls. Focus group is not used to get feedback it is to discuss about data before a item is launched. Therefore it should be survey because it is used to collect feedback from large amount of people.
Must click thanks and mark brainliest
HELP UUUURRRRRRRGGGGGEEEEEENNNNTTTTT PLLLLZZZZZ IM BAD AT MATHHHHHHHH
Answer:
-1 8/9
Step-by-step explanation:
w + ( - x)
w = -5/9
z = 4/3
Input:
-5/9 + ( -4/3)
-5/9 - 4/3
-4/3 * 3/3 = -12/9
-5/9 - 12/9 = -17/9 = -1 8/9
If my answer is incorrect, pls correct me!
If you like my answer and explanation, mark me as brainliest!
-Chetan K
What’s the largest fraction: 7/8, 5/8, 7/13, and 11/19
Answer:
7/8
Step-by-step explanation:
7/8 = 0.875
5/8 = 0.625
7/13 = 0.538
11/19 = 0.579
So 7/8 is the largest
If the errors produced by a forecasting method for 3 observations are +3, +3, and −3, then what is the mean squared error?
Answer:
9
Step-by-step explanation:
The mean squared error (MSE)of a set of observations can be calculated using the formula :
(1/n)Σ(Actual values - predicted values)^2
Where n = number of observations
Steps :
Error values of each observation (difference between actual and predicted values) is squared.
Step 2:
The squared values are summed
Step 3:
The summation is the divided by the number of observations
The difference between the actual and predicted values is known as the ERROR.
(1/n)Σ(ERROR)^2
n = 3
Error = +3, +3, - 3
MSE = (1/3)Σ[(3)^2 + (3)^2 + (-3)^2]
MSE = (1/3) × [9 + 9 + 9]
MSE = (1/3) × 27
MSE = 9
If S is a compact subset of R and T is a closed subset of S, then T is compact. Prove this using the definition of compactness.
Answer:
It has been proved that T is compact
Step-by-step explanation:
To prove this using the definition of compactness, let's assume that T is
not compact. Now, if that be the case, an open cover of T will exist. Let's call this open cover "A". Now, this open cover will have no finite subcover.
Now, from the question, since T is closed, it’s complement R\T will be open.
Therefore, if we add the set R\T to the collection of sets A, then we'll have an open cover of R and also of S.
Due to the fact that S is compact, this
cover will have a finite sub - cover which we will call B.
Finally, either B itself or B\{R\T} would be a finite sub - cover of A. This is a contradiction.
Thus, it proves that T has to be compact if S is to be a compact subset of R and T is to be a closed subset of S.
Which proportion could be used to determine if the figure ms represent a dilation
Step-by-step explanation:
Three-halves = 4 = 6
HOPE SO IT HELP'S YOU
HLP HLP 10 10 10 HLP HLP HLP
W
Answer:
A. 6²¹
Step-by-step explanation:
When you have a number raised to the power in that form, you have to multiply the powers:
(6⁷)³
7×3 = 21
(6⁷)³ = 6²¹
Answer:
A. 6 raise to 21
Step-by-step explanation:
its a formula if:
a raise to m whole raise to n = a raise to m×n
so here
6 raise to 7 × 3
that is 6 to the power of 21
Trials in an experiment with a polygraph include results that include cases of wrong results and cases of correct results. Use a significance level to test the claim that such polygraph results are correct less than % of the time. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim. Use the P-value method. Use the normal distribution as an approximation of the binomial distribution.
Answer and Step-by-step explanation:
This is a complete question
Trials in an experiment with a polygraph include 97 results that include 23 cases of wrong results and 74 cases of correct results. Use a 0.01 significance level to test the claim that such polygraph results are correct less than 80% of the time. Identify the nullhypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim. Use the P-value method. Use the normal distribution as an approximation of the binomial distribution.
The computation is shown below:
The null and alternative hypothesis is
[tex]H_0 : p = 0.80[/tex]
[tex]Ha : p < 0.80[/tex]
[tex]\hat p = \frac{x}{ n} \\\\= \frac{74}{97}[/tex]
= 0.7629
Now Test statistic = z
[tex]= \hat p - P0 / [\sqrtP0 \times (1 - P0 ) / n][/tex]
[tex]= 0.7629 - 0.80 / [\sqrt(0.80 \times 0.20) / 97][/tex]
= -0.91
Now
P-value = 0.1804
[tex]\alpha = 0.01[/tex]
[tex]P-value > \alpha[/tex]
So, it is Fail to reject the null hypothesis.
There is ample evidence to demonstrate that less than 80 percent of the time reports that these polygraph findings are accurate.
Calculate, correct to one decimal plice
the acute angle between the lines
3x - 4y + 5 = 0 and 2x + 3y -1 = 0
A. 70.69
B. 50.2
C. 39.8
D. 19.4
Answer:
A. 70.69 is the correct answer.
Step-by-step explanation:
Given:
Two lines:
[tex]3x - 4y + 5 = 0 \\2x + 3y -1 = 0[/tex]
To find:
Angle between the two lines = ?
Solution:
Acute Angle between two lines can be found by using the below formula:
[tex]tan \theta = |\dfrac{(m_1 - m_2)}{ (1 + m_1m_2)}|[/tex]
Where [tex]\theta[/tex] is the acute angle between two lines.
[tex]m_1, m_2[/tex] are the slopes of two lines.
Slope of a line represented by [tex]ax+by+c=0[/tex] is given as:
[tex]m = -\dfrac{a}{b }[/tex]
So,
[tex]m_1 = -\dfrac{3}{- 4} = \dfrac{3}{4}[/tex]
[tex]m_2 = -\dfrac{2}{ 3}[/tex]
Putting the values in the formula:
[tex]tan \theta = |\dfrac{(\dfrac{3}{4}- (-\dfrac{2}{3}))}{ (1 + \dfrac{3}{4}\times (-\dfrac{2}{3 }))}|\\\Rightarrow tan \theta = |\dfrac{\dfrac{3}{4}+\dfrac{2}{3}}{ (1 -\dfrac{1}{2})}|\\\Rightarrow tan \theta = |\dfrac{\dfrac{17}{12}}{ \dfrac{1}{2}}|\\\Rightarrow tan \theta = \dfrac{17}{6}\\\Rightarrow \theta = tan^{-1}(\frac{17}{6})\\\Rightarrow \theta = \bold{70.69^\circ}[/tex]
So, correct answer is A. 70.69
Find the area of the parallelogram with vertices A(−1,2,3), B(0,4,6), C(1,1,2), and D(2,3,5).
Answer:
5*sqrt3
Step-by-step explanation:
The vector AB= (0-(-1), 4-2,6-3) AB= (1,2,3)
The modul of AB is sqrt(1^2+2^2+3^2)= sqrt14
The vector AC is (1-(-1), 1-2, 2-3)= (2,-1,-1)
The modul of B is sqrt (2^2+(-1)^2+(-1)^2)= sqrt6
AB*AC= modul AB*modul AC*cosA
cosA=( 1*2+2*(-1)+3*(-1))/ sqrt14*sqrt6= -3/sqrt84=
sinB= sqrt (1- (-3/sqrt84)^2)= sqrt75/84= sqrt 25/28= 5/sqrt28
s= modul AB*modul AC*sinA= sqrt14*sqrt6* 5/ sqrt28= 5*sqrt3
A certain game involves tossing 3 fair coins, and it pays .14 for 3 heads, .06 for 2 heads, and .01 for 1 head. The expected winnings are?
Answer:
Total expected amount = $0.04375
Step-by-step explanation:
We need to calculate probability of getting heads on every combination of coin tosses
HHH = 1/8 = 3 heads
HHT = 1/8 = 2 heads
HTH = 1/8 = 2 heads
HTT = 1/8 = 1 head
THH = 1/8 = 2 heads
THT = 1/8 = 1 head
TTH = 1/8 = 1 head
TTT = 1/8 = 0 head
So the probability of 3 heads is 1/8 and the amount is (1/8)* 0.14 = $0.0175
Probability of 2 heads is 3/8 and the amount is (3/8) * 0.06 = $0.0225
Probability of 1 head is 3/8 and amount is (3/8) * 0.01 = $0.00375
Total expected amount = 0.00375 + 0.0225 + 0.0175
Total expected amount = $0.04375