2.36 Is it worth it?: Andy is always looking for ways to make money fast. Lately, he has been trying to makemoney by gambling. Here is the game he is considering playing: The game costs $2 to play. He draws a cardfrom a deck. If he gets a number card (2-10), he wins nothing. For any face card ( jack, queen or king), hewins $3. For any ace, he wins $5, and he wins an extra $20 if he draws the ace of clubs.a) Andy's expected profit per game is: $|(Round to four decimal places.)Round to four decimal places.b) Would you recommend this game to Andy as a good way to make money? Explain.No, we expect Andy to lose money if he plays this gameYes, Andy could be lucky and might earn money in the long-run playing this game

Answered: Image /qna-images/answer/8af28dc6-aac0-4685-82ce-a45a8b199e31.jpg

Answered: 2.36 Is it worth it?: Andy is always…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The firm you founded currently has 10 million shares, of which you own 6.20 million. You are considering an IPO where you would sell 2.1 million shares for $23. What is the maximum number of secondary shares you could sell and still retain more than 50% ownership of the firm? How much would the firm raise in that case? a. The maximum number of secondary shares you could sell is shares. (Round to the nearest whole number.) b. The amount that the firm would raise is (Round to the nearest dollar.)
answer? 2 Trevon, Leah, and Beth are playing a computer game. Trevon scored -8. Beth's score was of Trevon's score, 3 4 - of Beth's score. What was Leah's 4 and Leah's score was score? 2 3 3 2/33/2
3. Best Pizza VI has a special running where you can get a large 3 topping pizza for only $20. They have 7 different meat toppings, and 8 vegetarian toppings. (a) How many different 3 topping large pizzas can you order? Explain. (b) If you want only a vegetarian pizza, how many pizzas can you order? Explain. (c) Pineapple is one of the vegetarian options. How many different 3-topping large pizzas can you order if you refuse to have pineapple on your pizza? Explain. (d) How many different 3-topping large pizzas can you order if you insist on having pineapple on your pizza? Explain.
A consumer research group is interested in testing an automobile manufacturer's claim that a new economy model will travel at least 30 miles per gallon of gasoline. A sample of 36 cars provided a sample mean of 28.8 miles per gallon of gasoline. Assume that o is 3 miles per gallon. At a = 0.05, what is the probability of committing a Type II error if the actual mileage is 29 miles per gallon? 單選: A. 0.6368 B. 0.3632 C. 0.5596 D. 0.8023 E. 0.7389
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3. For this question, a = 100(n1 + n4) where n1 is the first digit of your student number and n4 is the fourth digit of your student number. For Halloween, Ambrosia collected a bag of candy. Ambrosia weighed her bag and found that there were a grams of candy in total. Ambrosia ate half her candy on the first day (the day after Halloween). Her father told her that if she continued to eat it at that rate the candy would only last one more day, so Ambrosia decided that each day she would only eat half of the weight of the candy left in the bag. She hypothesised that this would allow her to eat candy every day and never run out. Ambrosia decided it might be useful to use Mathematics to think about her remaining candy. She assigns t and W such that • t is a variable representing the number of days since Halloween. • W(t) represents the weight (in grams) of the remaining candy at the end of the day t. To understand what would be an appropriate mathematical model for this problem Ambrosia…
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Hello Class, Imagine that you won $25,000. Great deal! You decided to invest it (good idea!). You invested one part of it in the Apple Valley Bank, second part in the Green Bank, and the third part in the Blue Bank. After one year, you received a total of $1,620 in simple interest from the three investments. The Apple Valley Bank paid 6% annually, the Green Bank paid 7% annually, and the Blue Bank paid 8% annually. There was $6,000 more invested in the Green Bank than the Blue Bank. What is the amount you invested in each category.
= 231 x=15.2 6-8. Cynthia is planning a party. For entertainment, she has designed a game that involves spinning two spinners. If the sum of the numbers on the spinners is 10 or greater, the guests can choose a prize from a basket of candy bars. If the sum is less than 10, then the guest will be thrown in the pool. She has two possible pairs of spinners, shown below. For each pair of spinners, determine the probability of getting tossed in the pool. Assume that Spinners B, C, and D are equally subdivided. a. b. 5 7 5 4 1 2 4 6 9. Spinner A Spinner B goindeo uoy nl Spinner C Spinner D
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