Joseph just bought a brand new cell phone and a warranty for the cell phone. The warranty cost 300 euros and
is worth 800 euros if his phone breaks. Joseph estimates that there is a 20% chance of his phone breaking.
Col
Joseph calculates the expected value of buying the warranty to be -140 euros.
Which of the following statements are true?
MY
Choose all answers that apply:
Pro
Pro
Joseph will certainly lose value from the warranty.
Tea
Joseph will certainly gain value from the warranty.
If Joseph was going to buy a large number of phones, and he bought the warranty on each phone,
he should expect to lose value from the warranties.

Answers

Answer 1

Answer:

If Joseph was going to buy a large number of phones, and he bought the warranty on each phone,  he should expect to lose value from the warranties.

Step-by-step explanation:

Given - Joseph just bought a brand new cell phone and a warranty for the cell phone. The warranty cost 300 euros and  is worth 800 euros if his phone breaks. Joseph estimates that there is a 20% chance of his phone breaking.

Joseph calculates the expected value of buying the warranty to be -140.

To find - Which of the following statements are true?

Joseph will certainly lose value from the warranty.

Joseph will certainly gain value from the warranty.

If Joseph was going to buy a large number of phones, and he bought the warranty on each phone,  he should expect to lose value from the warranties.

Proof -

Given that , expected value = -140

⇒It means Joseph lose 140

(negative represents loss )

Now,

Given the expected values, it means we have given the probability so we can not be sure about loosing money

So,

The 1st and 2nd option is wrong because certain means sure because in the question we are not sure that Joseph phone will break or not.

Now,

The 3rd option says that if Joseph buy large amount of phone then he expect to lose value from from warranties .

This is the correct option because if we buy phones and warranty on phone then the expected value will divide on each phone.

So, the chance of impact on loss will decrease.

The correct option is - If Joseph was going to buy a large number of phones, and he bought the warranty on each phone,  he should expect to lose value from the warranties.


Related Questions

A quadrilateral has two angles that measure 170° and 75°. The other two angles are in a ratio of 3:20. What are the measures of those two angles?

Answers

Answer:

15° & 100°

Step-by-step explanation:

360-170-75=115

115÷23=5

3x5=15

20x5=100

Please hurry I have 2 weeks of school left I need to pass

Answers

Answer:

41.5 hours

Step-by-step explanation:

310.42 divided by 7.48 = 41.5 hours

how many solutions does y equals -6x - 7 have ​

Answers

Answer:

Infinitely many solutions.

Step-by-step explanation:

x can be any number, and the y will change with x.

f(2)=−14 and g(2)=13 Find (f+g)(2).

Answers

Answer: The value of (f+g)(2) = -1

Step-by-step explanation:

Given: f(2)=-14 and g(2)=13

To find: (f+g)(2)

Addition of two functions:

(f+g)(x) = f(x)+g(x)

Then, (f+g)(2) = f(2)+g(2)

(f+g)(2)  = -14+13  [given]

(f+g)(2)  = -1

Therefore , the value of (f+g)(2) = -1

Need help to solve this

Answers

4/5 hope it helps!!!!!!

The bottom of a circular swimming pool with a diameter of
9 meters is painted blue. How many square meters are blue?

Answers

Answer: hi

Step-by-step explanation: sorry needed points

PLEASE SOLVE AND EXPLAIN !!!

Answers

Answer:

3.46

Step-by-step explanation:

Look at the picture please!!!!

Answers

Answer for 1:

8x + 10

Answer for 2:

2x + 1

Answer for 3:

-3x - 15

Answer for 4:

2x + 10

Answer for 5:

-3x - 5

Answer for 6:

-17x - 3

Answer for 7:

8x - 18

Answer for 8:

-x + 4

Answer for 9:

4.8x + 5.6

Answer for 10:

1.25x + 1

Answer for 11:

The Dolphins won 7x + 10 more points than the Jaguars

Answer for 12:

The sandwich costs x + 1.01 more than the drink

Answer for 13:

Tuition costs 7x + 25 more than fees

Tuition costs 7x + 72 more than rooms and board

Answer:

1. 9x squared + 34x +21

2. 2x + 1

3. -3x + 15

4. 2x + 10

5. 14x + 3

6. -17x - 3

7. 8x- 18

8. -x + 4

9. -4.8x + 5.6

10. -1.25x + 0.2

11. 7x-4

12. x + 1.01

13. 6x + 22

I think these are the correct answers. Sorry if I'm wrong. I hope this helped!

Step-by-step explanation:

MY TEACHER IS BEING ANNOYING HELP ME PLS

Answers

Answer:

8

Step-by-step explanation:

I got 8 in a short version. The full answer is not complete. It is 8.18812697...

But if you shorten it, 8 is the best estimation.

A regular hexagon is shown below. Find the value of x.
(11x + 21)°

Answers

Answer:

x=9

Step-by-step explanation:

The expression is for the interior angle of the hexagon; one interior angle is equal to .

Since an interior angle of a hexagon measures 120°, we have the equality

.

Now it is just a matter of solving for  

11x=120-21

11x=99

x=99/11

x=9

The value of {x} for the hexagon shown is 9.

What is Hexagon?

A hexagon is a polygon with 6 equal sides. The perimeter of a hexagon is the sum of all the six lengths. The measure of the interior angle of a hexagon is 120 degrees.

Given is to find the value of {x} in the Hexagon shown below.

The measure of the internal angle of a hexagon is 120 degrees. So, we can write -

(11x + 21) = 120

11x = 120 - 21

11x = 99

x = 9

Therefore, the value of {x} for the hexagon shown is 9.

To solve more questions on HEXAGONS, visit the link below-

https://brainly.com/question/14372779

#SPJ3

You spend $44 on a game, receive $30 for painting a fence, and give $5 to your friend. You have $32 left.
How much money did you start with?
a) $74
bj $37
c) $51
d) $39

Answers

C 51
51-44=7+30=37-5=32

Answer:

$51

Step-by-step explanation:

32+5+44

81-30

$51

What is this question ?

Answers

the answer is $625 :)

Augustus ruled the roman empire from 27 BC to AD 14.For how many years did he rule?


Answers

Answer:

40 years

Step-by-step explanation:

He was also the first Roman Emperor

I’ll mark you!!! (I got 5 but I just wanna check my answer to see if we got the same answer)

Answers

Answer:

I think its B but I'm not 100% sure

Answer:

Its 20 buckets.

Step-by-step explanation:

What Is the dependent variable the shoe size or the height

Answers

Answer:

The dependent variable is the shoe size

Step-by-step explanation:

Mr.Rivera can grade 8 math tests in 10 minutes what is the teachers unit rate?

Answers

Answer:

0.8

Step-by-step explanation:

Answer: 1 minute and 25 seconds

Step-by-step explanation:

Which value is nearest to 8? Show thinking in the space provided.
7.511 155/20 8.3%

Answers

Answer:

155/20

Step-by-step explanation:

155/20 in decimal form is 7.75, which is only 0.25 off of 8

7.511 is 0.489 off of 8

8.3% is technically not anywhere near 8 because a percentage needs to be a percentage of something in order to make sense.

Which graph represents the solution to (x – 3)2 + (y + 4)2 > 36?

Answers

Answer:

second choice

Step-by-step explanation:

edge

The region outside the circle is under the consideration. Then the correct option is B.

What is an equation of a circle?

A circle can be characterized by its center's location and its radius's length.

Let the center of the considered circle be at the (h,k) coordinate.

Let the radius of the circle be 'r' units.

Then, the equation of that circle would be:

(x – h)² + (y – k)² = r²

The inequality equation of the graph is given below.

(x – 3)² + (y + 4)² > 36

(x – 3)² + (y + 4)² > 6²

From the equation, the radius of the circle will be 6 units and the center of the circle will be (3, –4).

The region outside the circle is under the consideration.

Then the correct option is B.

The graph is given below.

Learn more about the equation of a circle here:

https://brainly.com/question/10165274

#SPJ5

ASAP HW HELP
if you don’t know answer don’t even comment

Answers

Answer:  [tex]y = \frac{1}{2}x+3[/tex]

This is the same as writing y = (1/2)x + 3

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

Explanation:

Two points on the blue line are (0,3) and (2,4)

To go from the left point to the right, we go up 1 and over to the right 2.

Slope = rise/run = 1/2

Or we can use the slope formula to get the same value

m = (y2-y1)/(x2-x1)

m = (4-3)/(2-0)

m = 1/2

The y intercept is b = 3 because this is the location on the vertical y axis where the blue line crosses. This is the location (0,3).

With m = 1/2 and b = 3, we go from y = mx+b to y = (1/2)x + 3

On a piece of paper, that would look like the equation [tex]y = \frac{1}{2}x + 3[/tex]

Solve for x
-2a+7-3(-9-4a)​

Answers

Answer: a=-3.4

Step-by-step explanation: you mean solve for a:)

-2a+7-3(-9-4a)=0        We would have to equal this equation to 0

-2a+7+27+12a=0         We multiply the -3 with the parentheses

10a+34=0                     Add the like terms, and subtract 34 from both sides

10a=-34                        Then divide both sides by 10

a=-3.4

Mr.Millar's garden is in the shape of a trapezoid shown below. what is the area of his garden

Answers

Answer:

[tex]Area = 12.5m^2[/tex]

Step-by-step explanation:

Given

See attachment

Required

Determine the area

The area is calculated using:

[tex]Area = \frac{1}{2} * (Sum\ of\ parallel\ sides) * Height[/tex]

From the attached image:

The parallel sides are 4m and 6m respectively while the height is 2,5m

So, the area is:

[tex]Area = \frac{1}{2} * (4m + 6m) * 2.5m[/tex]

[tex]Area = \frac{1}{2} * 10m * 2.5m[/tex]

[tex]Area = 5m * 2.5m[/tex]

[tex]Area = 12.5m^2[/tex]

Find the missing side. Answer without units

Pls help

Answers

Answer:

3

Step-by-step explanation:

Hope This Helps :)

Plz Mark Brainliest !

what is the value of x?​

Answers

Answer:

The horizontal value in a pair of coordinates: how far along the point is. The X Coordinate is always written first in an ordered pair of coordinates (x,y), such as (12,5). In this example, the value "12" is the X Coordinate. Also called "Abscissa"

Step-by-step explanation:

The person is right up there that was explained well

what is the slope of equation y=1/3x​

Answers

Answer:

1/3

Step-by-step explanation:

Hey There!

The slope of y=1/3x is 1/3

The number right in front of the x is the slope

Hope this helps :)

i need your help with math please help

Answers

Answer: 1) y= 9, 4, 1, 0, 1, 4, 9

Step-by-step explanation:

Please help I need it! Will give brainliest

Answers

Answer:

74880

or if your doing addition

44

Step-by-step explanation:

6*12*4*4*5*13

6+12+4+4+5+13

Answer:

the area is 44

Step-by-step explanation:

the reason for it is because 13+5+4+4+12+6=44

Paul built a triangular garden in his backyard, which is enclosed by a rectangular fence.




How much of the backyard is not covered by the garden?


452 m2



476 m2



524 m2



548 m2


whats the answer plz

Answers

Answer:

[tex]Area = 476m^2[/tex]

Step-by-step explanation:

Given

See attachment

Required

The uncovered area

First, calculate the area of the rectangle

[tex]Area = Length * Width[/tex]

From the attachment

[tex]Length = 25m[/tex] and [tex]Width = 20m[/tex]

So:

[tex]Area = 25m * 20m[/tex]

[tex]Area = 500m^2[/tex]

The area of the triangle is:

[tex]Area = \frac{1}{2} * Base * Height[/tex]

From the attachment

[tex]Base = 8m[/tex]

[tex]Height = 6m[/tex]

So:

[tex]Area = \frac{1}{2} * 8m * 6m[/tex]

[tex]Area = \frac{1}{2} * 48m^2[/tex]

[tex]Area = 24m^2[/tex]

The uncovered area is:

[tex]Area = 500m^2 - 24m^2[/tex]

[tex]Area = 476m^2[/tex]

HELP PLEASE
68 POINTS!
BRAINLIEST

You can zoom in on the photo for it to be clearer!!

Answers

Hold up I’ll help u

How many solutions does 5x+24=5(x+5)

Answers

Answer:

There are no solutions.

For the function f(x) = -3sin(x) + 2, the distance between the maximum and minimum values is 6. Which statement must be true about this function? HINT: It's not B.

A. The amplitude is 3.
B. The midline is y = 3.
C. The period of the function is 3pi.
D. The range is [-3, 3].

Answers

Answer: A. The amplitude is 3.

Step-by-step explanation:

Given function : [tex]f(x) = -3sin(x) + 2[/tex]

Period of a sine function is [tex]2\pi.[/tex]

Since [tex]-1\leq \sin x \leq 1[/tex]

[tex]\Rightarrow\ -3\leq -3\sin x\leq 3\\\\\Rightarrow\ -3+2\leq -3\sin x+2\leq 3+2\\\\\Rightarrow\ -1\leq -3\sin x+2\leq 5[/tex]

i.e. Range is [-1,5]

Amplitude = 3 [coefficient of sin x]

Only option A. is correct.

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