Ivy is in Las Vegas and bet on her favorite team, the Denver Dragons, to beat the Seattle Sea Turtles. If the Denver Dragons win, she will win 10 dollars. If the Seattle Sea Turtles win, she will lose 11 dollars (the extra dollar is commission). Ivy estimates that there is a 50% chance of the Denver Dragons winning (there cannot be a tie). Find the expected return of placing this bet.

Answers

Answer 1

Answer: -0.5

Step-by-step explanation:

5 + (-5.5) = -0.5 dollars

Answer 2

The expected return of placing this bet is -0.5 dollars.

What is probability?

Probability is a number that indicates the likelihood of an event occurring. Probability is defined as the ratio of favorable outcomes to all outcomes.

To calculate the expected return of this bet, we need to consider the possible outcomes and their probabilities. There are two possible outcomes:

The Denver Dragons win with a probability of 0.5. In this case, Ivy will win 10 dollars.

The Seattle Sea Turtles win with a probability of 0.5. In this case, Ivy will lose 11 dollars.

To calculate the expected return, we multiply each outcome by its probability and sum the results.

Expected return = (0.5 x 10) + (0.5 x -11)

Expected return = 5 - 5.5

Expected return = -0.5

Therefore, the expected return of placing this bet is -0.5 dollars, which means that over the long run, Ivy can expect to lose an average of 50 cents every time she places this bet.

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Related Questions

A salesman earns 3% commission for everything he sells. Yesterday, he sold a large screen television for $2,400 and a video game system for $500. How much money did the salesperson make on commission?

Answers

2400 x 0.03 = $72
500 x 0.03 = $15

Total commission = $87

merhaba arkadaşlar ben Avustralya geldi o ben türkçe bane yerdam edip ​

Answers

Answer:

Step-by-step explanation:

1 saat = 60 dakika

30 dakika = yarım saat

60 dakika = 1 saat

240 dakika = 240 / 60 = 4 saat

80 dakika = 60 + 20 = 1 saat 20 dakika

Find the circumference of the object Use 3.14 or 22 for for T. Round to the nearest hundredth if necessary 11.4 in. The circumference is about inches​

Answers

Answer:

35.80

Step-by-step explanation:

[tex]3.14 \times 11.4 = 35.796[/tex]

Simplify & Round

35.796 ---> 35.80

Awnser = 35.80

Find the length ,of a rectangular prism if the volume is 70 m,the width is 2 m , and the height is 7 m.

Answers

Answer:

A rectangular prism is the same as a cuboid.

Volume of a cuboid =LxWxH

70=Lx2x7

70=14L

L=70/14

L=5m

3(12+x)=90 what does x equal

Answers

Answer:

36+x=90

90-36=x

x=54

Step-by-step explanation:

Answer:

3(12+x)=90

12+x=60

x=48

Let me know if this helps!

Write this as a fraction:
75 cm

Answers

Answer:

1m = 100cm

75cm/100cm = 75/100 = 3/4

75 cm is 3/4 of meter.

Step-by-step explanation:

What measure of central tendency can be used for any type of data?
А Mean
B Median
CMode
D All of the above.​

Answers

I am 100% sure the answer is A. Mean

What is the total surface area?​

Answers

Answer:

4352 i think

Step-by-step explanation:

What is the solution of each equation 4z=20: z=5 z=2 z=7 z=6

Answers

Answer:

43/6=z

Step-by-step explanation:

32x45
Please !!!!!!!

Answers

Answer:

The answer is 1,440.( One thousand four hundred and fourty.)

Answer:

Your answer is 1,440

Step-by-step explanation:

I need help with this right now pls

Answers

Answer:C

Step-by-step explanation:

One shirt is represented as “y”

He ordered four shirts totaling $44

y+y+y+y =$44

Answer:

1. x = 462.30m

2. c

Step-by-step explanation:

1. Let "x" represent how much Samantha earns, and "m" represent how many months she has worked.

Because she makes $462.30 per month, if we multiply that by "m" then we will get x.

2. Kyle spend $44 on four sweaters total, which would make the total cost be evenly distributed into 4 sections.  

Some other person's sales tax is $1.61. How much was their subtotal?

Answers

i tried helping but failed ☹️ your guess is as good as mine

Answer: $17

Step-by-step explanation: so 9.5% is 0.095 as a decimal and 0.095 * 17 = 1.615 so we round the 1.615 into 1.61 :)

Which equation represents a line that is perpendicular to the y-axis?
SEE PIC

Answers

Answer: c

Step-by-step explanation:

y = -8

Can you plz help me plz

Answers

It’s C because 55 x 3 = 165 not 160 as stated in that answer.

Round to the nearest 10,000: 634,727

Answers

Answer:

630,000

Step-by-step explanation:

not thing y ultimately

634727

Step-by-step explanation:

2 is in the 10,000 place so the number would stay the same

HELP!!!!! What is the length plz help me besties

Answers

Answer: 30 inches

Step-by-step explanation:

20/8 = x/12

20(12) = 8x

240 = 8x = 30

What would the measurement at the top be?

Answers

Hopes this helps please correct me if I am wrong:

Answer: 6cm
6cm, the reason for that is because of the invisible line that says 6cm if that line is the same length as the top; which it is, it would also be 6cm

So in conclusion the answer would be 6cm.

Hope this helps! Have a good one!❤️

Is -6 greater than -5​

Answers

Answer:

-5 is greater than -6

Step-by-step explanation:

here is a drawing.


1. The sum of two numbers is 140 and their difference is 20. What are the two numbers?

Answers

Answer:

Step-by-step explanation:

What is the inverse of the function f(x) = 2x + 1?
Oh(x) =
1
2
Ex-
o hx) = x + 2
1
h(x) = x-2
2
Oh(x) =
2
1x+2

Answers

Answer:

(1/2)x-1/2 hope this is the answer if it's not then srr

The inverse of the function is h ( x ) = (1/2)x - 1/2

What is a function rule?

The function rule is the relationship between the input or domain and the output or range. A relation is a function if and only if there exists one value in the range for every domain value.

A function is a relation from a set of inputs to a set of possible outputs where each input is related to exactly one output.

Given data ,

Let the function be represented as f ( x )

Now , the value of f ( x ) is

f ( x ) = 2x + 1

The inverse of the function is calculated by taking the x coordinate and replacing it with y

So , the function now becomes

x = 2y + 1

On simplifying , we get

Subtracting 1 on both sides , we get

2y = x - 1

Divide by 2 on both sides , we get

y = ( x - 1 ) / 2

Now , replacing y with x , we get

h ( x ) = ( x - 1 ) / 2

h ( x ) = ( 1/2 )x - ( 1/2 )

Hence , the inverse of the function is h ( x ) = ( x - 1 ) / 2

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what are ratios and what do they do and what is their purpose

Answers

Step-by-step explanation:

Ratios measure the relationship between two or more components of financial statements. They are used most effectively when results over several periods are compared. This allows you to follow your company’s performance over time and uncover signs of trouble.

Need help ASAP please--about estimate. which answer is correct. Please give me an opinion. Three students were asked to use estimation strategies to find a reasonable solution to this question: Ricky had 26 stickers before buying 7 from the store. Then he gave 8 to his sister. Estimate how many stickers he has left. From the choices below, select the student with the most reasonable solution.
a) Student A: Ricky has around 45 stickers left. Round 26 stickers to 40, 7 bought to 10, and 8 given to 5. Add 40 + 10 to get 50. Then subtract 50 − 5 to get the estimated answer of 45.
b) Student B: Ricky has around 30 stickers left. Estimate the sum of 6 from the 26 stickers plus 7 bought to be about 20. Add the 20 to the leftover 20 to get 40. Round 8 given to 10. Then subtract 40 − 10 to get the estimated answer of 30.
c) Student C: Ricky has around 10 stickers left. Estimate the sum of 6 from the 26 stickers plus 7 bought to be about 10. Add the 10 to the leftover 10 to get 20. Round 8 given to 10. Then subtract 20 − 10 to get the estimated answer of 10.

Answers

B, if I’m wrong then it’s C.

Multiply. Write the answer as a mixed number in simplest form.

1 3/4 x 2 3/8 =

Answers

1 3/4 x 2 3/8 is 4 5/32

Answer:

1 5/16

Step-by-step explanation:

change to improper fractiom

reduce with the GCF

multipy

Find the median and mean of the data. Which reflects the best measure of the center? 23, 27, 60, 154, 17, 15, 28​

Answers

Answer:

Mean=16.75

Median=15.5

Mode=13

Range=16

Step-by-step explanation:

1. Forty randomly-selected members of a high school music program were asked to report the number of hours they spend practicing each week. If you were to compute the mean number of hours, would you answer be a parameter or a statistic? Explain.

Answers

Answer: Statistic

===========================================================

Explanation:

The fact that we have the phrasing "randomly-selected" in there is a big clue that we are working with a sample, and not a population. If 40 people represented the population, then we wouldn't be randomly selecting anyone. Everyone would be surveyed. No random process needed. We don't need to worry about the order of those surveyed.

However, we are applying a random selection process to form this sample. A statistic is some value that measures a sample. For instance, xbar is the sample mean which is a sample statistic. The xbar value estimates mu, which is a greek letter. Mu is the population mean and a population parameter.

To remember the difference between the two terms parameter and statistic, one useful memory trick is to think of it like this:

Statistic and sample both start with sPopulation and parameter both start with p

As the name "statistics" implies, it is the study of how to estimate a population based on a sample. After gathering the sample, we compute a statistic, which in turn estimates a parameter. So that explains why your math course and textbook has that label.

Nicholas is buying shirts for his baseball team. He will pay $9.50 for each shirt plus a
one-time fee of $22.50 for the design. Which equation can be used to find y, the total cost to buy x shirts?

A. y = 9.5x + 22.5

B. y = 22.5x + 9.5

C. y = 9.5x - 22.5

D. y = 22.5x - 9.5

Answers

Answer:

A

Step-by-step explanation:

cause x shirts times 9.5(the price of shirt)+ one time fee

Suppose one of your friends was absent from school on the day your math class learned about graphing rational numbers on the number line. Using complete sentences, explain to your friend how to graph the opposite of 6.2 on the number line.

Answers

Answer:

So i would ask this friend to draw a number line and label 6.2 on the number line. Then i would ask her if she knew what the opposite number of 6.2 is.

Yes- The number line will always continue, its indefinite. This means it can go forward or backwards. Make sure that your friend wrote 0. You always need a starting point. Then tell her to draw the tally marks forward the same way she did backwards. Locate the 6.2 and make all of the numbers negative.

The complete sentences to explain to your friend how to graph the opposite of 6.2 on the number line as shown below.

What is Number line?

Number line is a horizontal line where numbers are marked at equal intervals one after another form smaller to greater.

Given that;

Suppose one of your friends was absent from school on the day your math class learned about graphing rational numbers on the number line.

Hence, The complete sentences to explain to your friend how to graph the opposite of 6.2 on the number line as;

Firstly I would ask this friend to draw a number line and label 6.2 on the number line. Then I would ask her if she knew what the opposite number of 6.2 is.

Then, Make sure that your friend wrote 0. You always need a starting point. Then tell her to draw the tally marks forward the same way she did backwards. Locate the 6.2 and make all of the numbers negative.

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Tyler is designing a banner that will welcome people to a festival. The design for the banner has an
area of 1.5 square feet. The actual banner will be a dilation of the design by a factor of 5. What will
the area of the actual banner be?

Answers

Answer:

7.5 sq ft

Step-by-step explanation:

1.5*5=7.5

The design is 1/5 of the actual size, so you just multiply by 5 to get the real size.

bret designs a page in a newspaper the page has a length of 36cm. an advert will take of the 1/3 length of the page. what is the length of the advert.​

Answers

Answer:

12 cm

Step-by-step explanation:

36 x 1/3 = 12 cm

How do I go about solving this?

Answers

Answer:

you want to bring down the numbers.. so try 3 for the second one

Step-by-step explanation:

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