
The Heart of Mathematics: An Invitation to Effective Thinking
4th Edition
ISBN: 9781118156599
Author: Edward B. Burger, Michael Starbird
Publisher: Wiley, John & Sons, Incorporated
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 10.1, Problem 24MS
Uncoverable bases. Show by a specific example how it is possible to lose at the lottery even if the jackpot exceeds the cost of purchasing every possible ticket.
Expert Solution & Answer

Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Solve using superposition principle
review problems please help!
Solve the problems on the image
Chapter 10 Solutions
The Heart of Mathematics: An Invitation to Effective Thinking
Ch. 10.1 - What do you expect? How do you compute an expected...Ch. 10.1 - The average bite. Your little sister loves visits...Ch. 10.1 - A tooth for a tooth? Suppose your cousins Tooth...Ch. 10.1 - Spinning wheel. Suppose the spinner shown is...Ch. 10.1 - Fair game. What does it mean for a game to be...Ch. 10.1 - Cross on the green (S). A standard roulette wheel...Ch. 10.1 - In the red. Given the bet from Mindscape 6, what...Ch. 10.1 - Free Lotto. For several years in Massachusetts,...Ch. 10.1 - Bank value. What is the expected value of keeping...Ch. 10.1 - Value of money. In Newcombs Paradox, first suppose...
Ch. 10.1 - Die roll. What is the expected value of each of...Ch. 10.1 - Dice roll (ExH). What is the expected value of...Ch. 10.1 - Fair is foul. Someone has a weighted coin that...Ch. 10.1 - Foul is fair (S). Someone has a weighted coin that...Ch. 10.1 - Cycle cycle (H). You live in an area where the...Ch. 10.1 - Whats your pleasure? You have three options for...Ch. 10.1 - Roulette expectation. A standard roulette wheel...Ch. 10.1 - Fair wheeling. You are at the roulette table and...Ch. 10.1 - High rolling (H). Here is a die game you play...Ch. 10.1 - Fair rolling. Suppose you are considering the game...Ch. 10.1 - Spinning wheel. You pay $5, pick one of the four...Ch. 10.1 - Dice (ExH). You place a bet and then roll two fair...Ch. 10.1 - Uncoverable bases. Show by a specific example how...Ch. 10.1 - Under the cap. A national soda company runs a...Ch. 10.1 - Two coins in a fountain. You pay Si for two coins...Ch. 10.1 - Three coins in a fountain. You pay $5 for three...Ch. 10.1 - Insure (S). You own a $9000 car and a $850...Ch. 10.1 - Get a job (H). You search for a job. Three...Ch. 10.1 - Take this job and... Given the employment scenario...Ch. 10.1 - Book value. Refer back to our analysis of the...Ch. 10.1 - In search of... A group of deep-sea divers...Ch. 10.1 - Solid gold. There is a 50% chance that the price...Ch. 10.1 - Four out of five. In Newcombs Paradox, suppose...Ch. 10.1 - Chevalier de Méré. Suppose that the Chevalier de...Ch. 10.1 - The St. Petersburg paradox. Here is an interesting...Ch. 10.1 - Coin or god. In Newcombs Paradox, first suppose...Ch. 10.1 - An investment. You wish to invest $1000, and you...Ch. 10.1 - Pap test (H). Assume that the insurance value of a...Ch. 10.1 - Prob. 40MSCh. 10.1 - Spin to win. To play a certain carnival game, you...Ch. 10.1 - Spinner winner. To play a different carnival game,...Ch. 10.1 - Insurance wagering (H). From the point of view of...Ch. 10.1 - Probable cause. Continuing the scenario from the...Ch. 10.1 - The bicycle thief. Some entrepreneurial classmates...Ch. 10.2 - Remarkably risky. List two activities that are...Ch. 10.2 - Surprisinly safe. List two activities that are...Ch. 10.2 - Infectious numbers (H). Suppose a disease is...Ch. 10.2 - SARS scars (S). Suppose a new vaccine that...Ch. 10.2 - A hairy pot. At a certain famous school of...Ch. 10.2 - Blonde, bleached blonde (H). You have high...Ch. 10.2 - Blonde again (S). Given the scenario in Mindscape...Ch. 10.2 - Bleached again. Given the scenario in Mindscape 6,...Ch. 10.2 - Safety first. Suppose a particular car is widely...Ch. 10.2 - Scholarship winner (ExH). You apply for a national...Ch. 10.2 - Less safe (ExH). Given the scenario in our air...Ch. 10.2 - Aw, nuts! Suppose that the loss of life expectancy...Ch. 10.2 - Dont cell! (H) Suppose you are a U.S. senator and...Ch. 10.2 - Buy low and cell high (H). The microwaves produced...Ch. 10.2 - Taxi blues (H). An eyewitness observes a...Ch. 10.2 - More taxi blues (S). An eyewitness observes a...Ch. 10.2 - Few blues. An eyewitness observes a hit-and-run...Ch. 10.2 - More safety. Given the scenario of our earlier air...Ch. 10.2 - Reduced safety. Given the scenario of our air...Ch. 10.2 - HIV tests. Recall that, in the United States,...Ch. 10.2 - More HIV tests. Given the tests described in the...Ch. 10.2 - Super sale. The bookstore is having a super sale...Ch. 10.2 - V.isk risk (H). You always sort your laundry into...Ch. 10.2 - Bag for life. An insurance company estimates that...Ch. 10.2 - Mooving sale. Plush toy versions of your college...Ch. 10.2 - Reweighing life expectancy An example in this...Ch. 10.3 - Simple interest (H). Suppose you deposit $500 into...Ch. 10.3 - Less simple interest. Suppose that at the...Ch. 10.3 - The power of powers (H). In this section we...Ch. 10.3 - Crafty compounding. Two thousand years ago, a...Ch. 10.3 - Keg costs. List some of the opportunity costs...Ch. 10.3 - You can bank on us (or them) (S). You wish to...Ch. 10.3 - The Kennedy compound. You wish to ivest $1000 for...Ch. 10.3 - Three times a lady. The Three-Timesa-Year Savings...Ch. 10.3 - Baker kneads dough (ExH). Your favorite baker,...Ch. 10.3 - I want my ATV! You want to purchase a cool, yellow...Ch. 10.3 - Lottery loot later? You have a big problem: Youve...Ch. 10.3 - Open sesame (S). Bert and Ernie each open a...Ch. 10.3 - Jelly-filled investments (H). Suppose you purchase...Ch. 10.3 - Taking stock. Suppose that a stock transaction...Ch. 10.3 - Making your pocketbook stocky. Suppose that a...Ch. 10.3 - Money-tree house. You decide you wish to build...Ch. 10.3 - Future vlaue (S). What is the future value of $...Ch. 10.3 - Present value (ExH). On the first day of your...Ch. 10.3 - Double or nothing (H). You decide you wish to...Ch. 10.3 - Triple or nothing. You decide you wish to triple...Ch. 10.3 - Power versus product (S). In this section we...Ch. 10.3 - Double vision. Suppose we have $P and we invest it...Ch. 10.3 - Adding up the bucks (H). You have a job every...Ch. 10.3 - Fiddling for dollars. As presented in the section...Ch. 10.3 - Facebank. Your roommates are developing some...Ch. 10.3 - Boatload o cash. At age 12 you dream of sailing...Ch. 10.3 - Houseload o cash. You want to buy a house by age...Ch. 10.4 - Landslide Lyndon. The two candidates in the 1948...Ch. 10.4 - Electoral college. Briefly outline a voting scheme...Ch. 10.4 - Voting for voting. What are some differences...Ch. 10.4 - Voting for sport. Given an example (ideally from...Ch. 10.4 - The point of the arrow (S). What does Arrows...Ch. 10.4 - Dictating an election through a dictator. Suppose...Ch. 10.4 - Pro- or Con-dorcet? (S) Consider the following...Ch. 10.4 - Where is Dr. Pepper? (S) Given the voting data...Ch. 10.4 - Approval drinking (H). Returning to the voting...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Mindscapes 10 through 15 are based on the...Ch. 10.4 - Whats it all about, Ralphie? Many people believe...Ch. 10.4 - Two, too (ExH). Given an election between just two...Ch. 10.4 - Two, too II (ExH). Given an election between just...Ch. 10.4 - Instant runoffs. One way to avoid the lengthy...Ch. 10.4 - Run runoff. Given the method of instant runoff...Ch. 10.4 - Coin coupling. For this challenge, you will need...Ch. 10.4 - From money-mating to cupids arrow. Explain how the...Ch. 10.4 - Vote night. There are four candidates running for...Ch. 10.4 - Wroof recount. The election in the previous...Ch. 10.4 - Biggest loser? Who was the biggest loser in the...Ch. 10.4 - The X-act winner. Your schools math club has 73...Ch. 10.4 - Borda rules. Candidates A, B, and C are running...Ch. 10.5 - Prob. 1MSCh. 10.5 - Understanding icing (S). Suppose a person who had...Ch. 10.5 - Liquid gold. Suppose you and your two brothers are...Ch. 10.5 - East means West. Suppose you have a triangular...Ch. 10.5 - Two-bedroom bliss (H). Suppose you and a roommate...Ch. 10.5 - Your preference. Suppose the accompanying figure...Ch. 10.5 - Bulk. Suppose for you, bigger is better, so your...Ch. 10.5 - Dont move that knif. Give a specific scenario to...Ch. 10.5 - Prob. 9MSCh. 10.5 - Just do it. Get three people together and have...Ch. 10.5 - The real world. Give three real-world examples...Ch. 10.5 - Same tastes (H). If you are dividing a cake among...Ch. 10.5 - Crossing the line. In each triangle shown on the...Ch. 10.5 - Cutting up Mass (S). You, Joan, and John want to...Ch. 10.5 - Where to cut (H). The accompanying figure pictures...Ch. 10.5 - Land preference (ExH). Suppose you are preparing...Ch. 10.5 - Uneven pair (S). Suppose two people want to divide...Ch. 10.5 - Diversity pays. Explain why having differences of...Ch. 10.5 - Be fair. The moving-knife and yelling Stop method...Ch. 10.5 - Nuclear dump (ExH). Suppose there is a nuclear...Ch. 10.5 - Disarming (H). Two nuclear superpowers decide to...Ch. 10.5 - Cupcakes. Suppose you had 100 different cupcakes...Ch. 10.5 - Barely consistent. It is possible for Chris to...Ch. 10.5 - Your X. You and your ex-roommate happen to share a...Ch. 10.5 - Musical Xs. You play the violin in a chamber trio...Ch. 10.5 - Cake plot. Imagine a cake in the shape of a...Ch. 10.5 - Cake trisection. Imagine a cake in the shape of a...Ch. 10.5 - Roomate wrangling. You and a friend rent a...
Additional Math Textbook Solutions
Find more solutions based on key concepts
CHECK POINT 1 In a survey on musical tastes, respondents were asked: Do you listed to classical music? Do you l...
Thinking Mathematically (6th Edition)
In hypothesis testing, the common level of significance is =0.05. Some might argue for a level of significance ...
Basic Business Statistics, Student Value Edition
Use the ideas in drawings a and b to find the solution to Gausss Problem for the sum 1+2+3+...+n. Explain your ...
A Problem Solving Approach To Mathematics For Elementary School Teachers (13th Edition)
CLT Shapes (Example 4) One of the histograms is a histogram of a sample (from a population with a skewed distri...
Introductory Statistics
For each of the following, determine the constant c so that f(x) satisfies the conditions of being a pmf for a ...
Probability And Statistical Inference (10th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- 3. f(7) 3. Find the domain of each of the following functions. 1 1. f(x)=2-6x+8 2. f(x)=√√7-x 4. A manufacturer has a monthly fixed cost of $40,000 and a production cost of $8 for each unit produced. The product sells for $12 per unit.arrow_forward7. Evaluate the following limits and justify each step. (a) lim (3x²+2x+1) 1 x²+4x-12 (b) lim 1 2 x² - 2x t-√√3t+4 (c) lim t-0 4-t x²-6x+5 (d) lim (e) lim x 5 x-5 x→2 x²+2x+3 4u+1-3 (f) lim u➡2 u-2 1 (g) lim x-3 2 x 55 x - 7x4 +4 (h) lim xx 5x+2x-1 x+1 (i) lim x²-2x+5 - 7x8+4x7 +5xarrow_forward6. Given the following graph f(x). (-2,2) 2- -5 -3 -2 (-2,-1) -1 (0,1) -2- 1 (3,0) 2 3 4 5 (3,-1) א X Compute each of the following. (a) f(-2) (b) lim f(x) #129 (c) lim f(x) *→12+ (d) lim f(x) 811H (e) f(0) (f) lim f(x) 8011 (m) Is the function continuous at x = -2,0,3? Why or why not? (g) lim f(x) +0x (h) lim f(x) x 0 (i) f(3) (j) lim f(x) x-3- (k) lim f(x) x+3+ (1) lim f(x) #13arrow_forward
- (i) For a given constant a > 0, let an investor's preference be represented by the Gaussian utility function U(w)=1-e-aw² For what range of wealth level w will the investor be non-satiated and risk-averse? Explain your answer. (ii) Give an example of a utility function that exhibits DARA and verify it. (iii) Determine the class of utility functions with relative risk aversion coefficient R(w)= w², w> 0.arrow_forward3. Compute the profit corresponding to 12,000 units. 5. A rectangular box is to have a square base and a volume of 20 ft3. The material for the base costs $0.30 per ft2, the material for the sides cost $0.10 per ft2, and the material for the top costs $0.20 per ft2. Letting a denote the length of one side of the base, find a function in the variable x giving the cost of constructing the box. 6. Given the following graph f(x).arrow_forward8. On what intervals, each function continuous? (a) f(x) = 3x11 + 4x²+1 3x²+5x-1 (b) g(x) = x²-4 X, x < 1, QTs the function f(x) continuous at = 1? Use the definition of continuity to justifyarrow_forward
- review problem please help!arrow_forwardSara (a 23 year old college graduate) is starting her first career. She met with a financial planner and has determined that she wants $1,000,000 when she retires at the age of 63. She has found an annuity that pays 4.25%, compounded quarterly. What will she need to save each month, if Sara waits 20 years to start saving? N: P/Y: I%: C/Y: PMT: FV: End or Begin $4158.98 $4,115.26 $2645.83 $6,707.40arrow_forwardSara (a 23 year old college graduate) is starting her first career. She met with a financial planner and has determined that she wants $1,000,000 when she retires at the age of 63. She has found an annuity that pays 4.25%, compounded quarterly. What will she need to save each month, if a) Sara begins saving now? N: P/Y: I%: C/Y: PMT: FV: End or Begin $1,323.80 $1,376.59 $794.74 $1,000,000arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtFunctions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage LearningGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
- Trigonometry (MindTap Course List)TrigonometryISBN:9781337278461Author:Ron LarsonPublisher:Cengage LearningHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL

Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt

Functions and Change: A Modeling Approach to Coll...
Algebra
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Cengage Learning

Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill


Trigonometry (MindTap Course List)
Trigonometry
ISBN:9781337278461
Author:Ron Larson
Publisher:Cengage Learning

Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY