Find the expectation
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Someone here online? Please I need help for this. Thanks in advance. Urgently needed.
1. A raffle is organized which offers a first price of 80,000 pesos, the second price of 40,000 pesos, and the third price of 10,000 pesos. Five hundred tickets were sold at 150 pesos each. Find the expectation if –
a.) a person buys one ticket
b.) a person buys 4 tickets
c.) a person buys 50 tickets
2. A person who is 55 year old bought a PHP 2,000,000 life insurance policy at a cost of PHP 1.2 M and has a probability of 0.978 of living to age 56, find the expectation of the policy.
Step by step
Solved in 2 steps
