A grab-bag contains 30 packages worth $.65 each, 10 packages $.60 cents each, and 15 packages worth $.30 each. What is the expected value if you have to pay $.50 to pick one package at random?

Answers

Answer 1

Answer:

Expected value of package = $0.04 (Approx.)

Step-by-step explanation:

Given:

30 packages at $0.65 each

10 packages at $0.60 each

15 packages at 0.30 each

Pick up price for random one = $0.50

Find:

Expected value of package

Computation:

Total cost of 30 package = 30 x 0.65

Total cost of 30 package = $19.5

Total cost of 10 package = 10 x 0.60

Total cost of 10 package = $6

Total cost of 15 package = 15 x 0.30

Total cost of 15 package = $4.5

Total cost = 19.5 + 6 + 4.5

Total cost = $30

Cost of random package = 30 / [30+10+15]

Cost of random package = $0.54

Expected value of package = 0.54 - 0.50

Expected value of package = $0.04 (Approx.)


Related Questions

It would take 150 minutes to fill a swimming pool using the water from 5 taps.
A) how many minutes will it take to fill the pool if only 3 of the taps are used? ______ minutes
B) an assumption being made in my working is that all the taps are flowing the same__ ___

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Answer: points for points

Step-by-step explanation:

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Find the solutions of this quadratic.
f(x)=(x-8)(x+4)

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l

[tex]x1 = 8 \\ x2 = - 4[/tex]

Pls help :( (will get reported if link)

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Answer:

Step-by-step explanation:

Venell put together a model train with 25 train cars. Each train car is 80 millimeters long. How many meters long is Venell's model train if there are no gaps between cars?

Answers

Answer:

2 meters

Step-by-step explanation:

its not hard

please please do a step by step of how to solve the equation and the answer! please and thank you!

Answers

Answer:

Value of x using quadratic formula (x = -4) and (x = -5)

Step-by-step explanation:

Given:

Equation

x² + 9x + 20 = 0

Find:

Value of x using quadratic formula

Computation:

Quadratic formula = [-b±√b²-4ac] / 2a

Given equation;

x² + 9x + 20 = 0

a = 1 , b = 9 , c = 20

By putting value

[-9±√9²-4(1)(20)] / 2(1)

[-9±√81-80] / 2

[-9±√1] / 2

(-9 + 1) / 2 , (-9 - 1) / 2

-8 / 2 , 10 / 2

-4 , - 5

Value of x using quadratic formula (x = -4) and (x = -5)

There are _ total possible outcomes.

Answers

Answer:

20 possible outcomes

Step-by-step explanation:

I've given up on math, help would be wildly appreciated

Answers

Answer:

1. [tex]\frac{2}{3}[/tex] probability

2. head represents cats (let's say) and tails represent dogs, flip two coins to determine whether the family has 2 cats or 2 dogs or 1 cat and 1 dog.

3. Take two coins, flip them, record heads and tails of each flip for 50 flips (I ain't no doing this)

4 - 6. answer these questions based on the data you got...

The End

The point P(6, –1) is translated according to the rule (x, y) → (x – 5, y – 2). What are the coordinates of P'? P'(1, 2) P'(1, 1) P'(1, –3) P'(4, 4)

Answers

Answer:

(1, -3)

Step-by-step explanation:

If the point P(6, –1) is translated according to the rule (x, y) → (x – 5, y – 2).

To get the coordinate of P', we will replace x as 6 and y as -1 in the translation given as shown

Coordinate of P' = (6 -5, -1, -2)

Coordinate of P' = (1, -3)

hence the coordinate of P' is (1, -3)

Answer:

p'(1 -3)

Step-by-step explanation:

A population of 45 foxes in a wildlife preserve doubles in size every 10 years. The function y = 45 * 2 ^ x where x is the number of 10-year periods, models the population growth . How many foxes will there be after 20 years After 20 years there will be Foxes(Type a whole number.)

Answers

Answer: 180

Step-by-step explanation:

Given

The population of 45 foxes doubles in 10 year period

Population follows [tex]y=45\cdot 2^x[/tex]

After 20 years i.e. x=2  Population is given by

[tex]y=45\cdot 2^2=45\times 4\\y=180[/tex]

Thus, there will be 180 foxes after 20 years

Mr. Crawford put $4500 into bank at an interest rate of 3%. How much money will she have in the back after 5 years?


Explain please. Brainlist if correct.

Answers

Answer:

He will have $5175.

Step-by-step explanation:

3% of 4500 is 135. 135x5=675. Add 675 to 4500 which equals 5175.

I’ll give brainliest for whoever is correct

Answers

Answer:

Step-by-step explanation:

1.)12.

To make it a fraction form answer, you multiply the whole number by the denominator and make the result the new numerator. The old numerator becomes the new denominator.

Thus, the answer to 4 divided by 1/3 in fraction form is:

[tex]\frac{12}{1}[/tex]

To make the answer to 4 divided by 1/3 in decimal form, you simply divide the numerator by the denominator from the fraction answer above:

12

The answer is rounded to the nearest two decimal points if necessary.

[tex]\frac{12}{1}[/tex] is an improper fraction and should be written as 12.

2.) 9

please help , thank you!

Answers

Answer:

1/1

Step-by-step explanation:

x1 subtracted by x2

in this case 3-2=1

Then y1 subtracted by y2

5-4=1

y will be put over x in fraction form

Answer:1/1

Answer:

mark her as brainliest

Step-by-step explanation:

a regular window is 48in long and 24 in wide mary would like to buy a screen for the window the screen is based on the number of square feet the screen is use the facts to find the area of the window in square feet

Answers

Answer:

8 square feet

Step-by-step explanation:

48/12=4

24/12=2

2x4=8

Plz help!!!!!
ctc math

Answers

Answer:

7,13,37,55,103

Step-by-step explanation:

y = 5 + 2x^2

if x =1

y = 5 + 2(1)^2

1^2 = 1

2 x 1 = 2

y=5 + 2 or y = 7

you substatute each one in for x to solve for y

What is the value of the expression below? 8 + 24 / 2 X 6 - 4

the answer is 76 but i just need to know the step by step explanation ​

Answers

8 + 24 / 2 X 6 - 4

following order of operations divide 24 by 2:

8 + 12 x 6 -4

Multiply 12 by 6:

8 + 72 -4

Add 8 and 72:

80-4

Subtract to get 76

A map scale is 2 in : 15 mi. Two cities are 5.7 in. apart on the map. Find the actual distance between the two cities. Enter the number only.

Answers

Answer:

70!km is the right answer

Step-by-step explanation:

The distance between two cities on a map is 3.5 centimeters. the map is uses a scale in which 1 centimeters represents 20 kilometers.


Which of the following are identities? ^

Answers

I think it’s A.I’m sorry not that sure

51 time 37 divided by 1 equals to what really need help failing

Answers

Answer:

(51*31)/1 = 1581

Step-by-step explanation:

Lorane saw a sweater she wanted to buy
on sale for 25% off. The store charges a
4.8% sales tax. If the sweater normally
costs $65.00, how much money did Lorane
pay for the sweater, including tax?

Answers

51.09 just take 65.00 -25% then add the 4.8 %

The current population of Rochester is 211,000 and is decreasing at a rate of 4.1% every ten years. Which function can be used to find the population 30 years from now?

Answers

Answer:

211,000(0.97)t

Step-by-step explanation:

Firstly; Write the exponential decay function for this situation.

y = a(1 – r)t                                Write the formula.

= 211,000(1 – 0.041)t                 Substitute 1700 for a and 0.03 for r.

= 211,000(0.97)t                        Simplify.        

Next; Find the population in function.

y = 1700                    Substitute 12 for t.    

 ≈ 1180                      Use a calculator and round to the nearest whole number.                                  

The population in 30 years function will be approximately 211,000(0.97)t.

HELP ME AGAIN I MIGHT PASS

Answers

Answer:

x=70

Step-by-step explanation:

it's 70 because 50 and 20 is proportional to x

Answer:

70

Step-by-step explanation:

The angles <FEB and <AEG are vertical angles. This means they have the same measurement. To find <FEB add the two angles <FED and <DEB together. This equals 70; therefore, x must also be equal to 70 degrees.

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Is th function shown a linear function?

EXPLAIN PLZZ

NO LINK​

Answers

It doesn’t curve or bend so yes this is a linear function.

Help please!
Which expression has a value that is less than the base of the expression?
A. 5/63 (3 is squared)
B. 32 (2 is squared)
C. 23 (3 is squared)
D. 44 (2nd 4 is squared)

Answers

The answer might be A

What is the product of 4/5 * 7/8 * 2/3 in its simplest form?​

Answers

Answer:

7/15

Step-by-step explanation:

What is the answer to the problem? 10 points :)

Answers

The answer is the third one: 255

Um motor elétrico recebe 2.800 kJ de energia elétrica. Transforma 900 kJ em energia térmica, 150.000 J em energia sonora e o restante em energia cinética. Podemos afirmar que seu rendimento é de: *
a) 62,5 %
b) 68,7 %
c) 70,4 %
d) 72,7 %
e) 92,3 %

Answers

Uno se pierde, el otro se recicla.

Explicación:

El movimiento de nutrientes difiere del flujo de energía en un ecosistema porque los nutrientes se pueden reciclar mientras que, por otro lado, la energía se pierde en el ecosistema. Tanto los nutrientes como la energía fluyen en la misma dirección y toda la energía del ecosistema proviene del sol, que es la principal fuente de energía. Entonces podemos decir que la energía perdida y los nutrientes se reciclan en el ecosistema.

Which shows the measures in ascending order for the data below?

14, 18, 11, 11, 15, 18, 11, 12, 15

range, mode, mean, median
range, mean, median, mode
range, median, mode, mean
range, mode, median, mean

Answers

Step-by-step explanation:

range, mode, median, mean

Answer:

range, mode, mean, median

Step-by-step explanation:

I just did it on odyssey

Neeed helps math help no links or imma report helps 20 points

Answers

the answer to the question u asked is A

Please him me with this

Answers

Answer:

x=3

Step-by-step explanation:

To do this we need to do

10-4=6

Then we do

6/2=3

x=3

What does 1,000 pennies + 100 nickels + 10 dimes + 10 quartes equal what?

need it fast plz​

Answers

Answer:

1850 cents

Step-by-step explanation:

1000 pennies = 1000 cents (Multiply by 1)

100 nickels = 500 cents (Multiply by 5)

10 dimes = 100 cents (Multiply by 10)

10 quarters = 250 cents (Multiply by 25)

Total:

1000 + 500 + 100 + 250 = 1850 cents

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