Three investors are dividing a piece of land worth $175,000. Each investor's value in thousands for each of the three pieces of the land is shownbelow. Which piece does each person receive and do they receive a fair share using the lone divider method?Piece BMarshallSamKeishaPiece 1462535COdPiece 2252552.5Marshall's bid: Piece 2 and Piece 3Keisha's bid: Piece 37087.5ba Marshall receives Piece 2, Keisha receives 3, and Sam receives Piece 1. Everyone receives a fair share.Marshall receives Piece 3, Keisha receives 3, and Sam receives Piece 2. Everyone receives a fair share.Marshall receives Piece 2, Keisha receives 3, and Sam receives Piece 1. No one receives a fair share.Marshall receives Piece 2, Keisha receives 1, and Sam receives Piece 3. Everyone receives a fair share.

From the given information, three investor's value in thousands for each of the three pieces of the…

Answered: Three investors are dividing a piece of…

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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5 people can claim joint ownership of an item and intend to divide it by the Method of Sealed Bids. The winner offers a bid of $51,000 how much will that bidder need to put into a kitty for the other bidders to be compensated?
2 ? Select three that apply. Which of the following situations results in an answer of 3 Three cats share 2 cans of tuna. How much of a can does each cat receive? Three dogs each drink 2 cups of water. How many cups of water do the dogs drink in all? Three cupcakes are divided among 2 children. How much of a cupcake does each child receive? Two apples are split among 3 people. How much of an apple does each person receive? Two bags of bird seed are split among 5 parrots. What fraction of a bag does each parrot receive? Two gallons of water are needed to fill 3 fish tanks of equal size. How many gallons of water are required for each tank?
4. April and Marsha want to share a large bag of skittles. There are 500 skittles in the bag. There are: • 200 red ones, • 200 green ones, and • 100 purple ones. Marsha values: • 200 red ones at a total of $4, 200 green ones at a total of $6, and 100 purple ones at a total of $5. April is the divider and in one half of the pile puts: • 90 red skittles • 85 green skittles • 75 purple skittles a.) What is a fair share for Marsha? | Show your work or explain your reasoning here: b.) What is the value of this half for Marsha? Fill in the chart below. Value to Marsha per piece Skittle color Total value of each color Red Green Purple c.) Is this value a fair share for Marsha? Please explain your answer. Write your response below:
Catalina participates in a game that consists of spinning a roulette with 6 segments of the same size numbered from 1 to 6. The roulette randomly stops at a numbered segment.This is the game: Catalina spins the wheel only once. She wins $ 1 if the wheel stops at number 1, $ 3 if the wheel stops at number 2, $ 5 if the wheel stops at number 3, and $ 7 if the wheel stops at number 4. She loses $ 1.25 if roulette stops at 5 or 6. (a) Calculate the expected value of participating in the game.____ pesos b) What can Catalina expect in the long run after playing several times?1) Catalina can expect to earn money.She can expect to earn ___ pesos per spin of the roulette wheel. 2) Catalina can expect to lose money.She can expect to lose ___ pesos per spin of the roulette wheel. 3) Catalina can expect to draw (she neither wins nor loses money)
Find the indicated z score. The graph depicts the standard normal distribution with mean 0 and standard deviation 1. The indicated Z score is
You need to borrow money for gas, so you ask your mother and your sister. You can only borrow money from one of them. Before giving you money, they each say they will make you play a game. Your sister says she wants you to flip a fair coin. She will give you $8$ for heads and $⁢22 for tails. Your mother says she wants you to roll a six-sided die. She will give you $4$ times the number that appears on the die. Determine the expected value of each game and decide which offer you should take.
Bruce, Clark and Diana found a box of old baseball cards in the attic. They sold 131 cards to a collector and then split the remaining cards equally among themselves. Then, Bruce gave 1/4 cards to Evan. If Evan was given 5 cards, how many cards were in the box when it was found? (Hint: work backwards)
A punch-out card contains 100 spaces. One space pays $300, five spaces pay $20, and the others pay nothing. How much should you pay to punch out one space? (Assume that you wish to pay the fair price.
Three workers at a domino's pack the take out pizza orders.ramu packs 40 of the orders but fails to include a chilli flakes sachet 4 %of the time. Raju packs 30 %of the orders but omits the chilli flakes sachet 2 %of the time. Sam packs 30 %of the orders but fails to include chilli flakes sachet 3% of the time. You received the pizza delivery and there was no chilli flakes sachets. What is the probability that Sam made the packing for the order
in a game of cards, the two players each have 5 cards and 8 cards have been discarded. Assuming a standard deck of 52 playing cards, what is the fraction of the cards remain?

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