Finite Mathematics (11th Edition)
Finite Mathematics (11th Edition)
11th Edition
ISBN: 9780321979438
Author: Margaret L. Lial, Raymond N. Greenwell, Nathan P. Ritchey
Publisher: PEARSON
bartleby

Videos

Textbook Question
Book Icon
Chapter 8, Problem 1EA

Refer to the example and find the following.

(a) C(M0) (b) C(M2) (c) C(M3)

(d) C(M12) (e) C(M13) (f) C(M123)

(a)

Expert Solution
Check Mark
To determine
The expected value.

Answer to Problem 1EA

Solution: $69.01¯

Explanation of Solution

Given: The tables provided in the textbook.

Explanation:

To find expected value (C) of M0:

The required formula is

C(M0)=NL[1(1p1)(1p2)(1p3)]

Put the values from the provided table.

The expected value is

C(M0)=3(54)[1(10.9)(10.24)(10.13)]=$69.01

Conclusion: The expected value is $69.01¯.

(b)

Expert Solution
Check Mark
To determine
The expected value.

Answer to Problem 1EA

Solution: $79.64¯

Explanation of Solution

Given: The tables provided in the textbook.

Explanation:

To find expected value (C) of M2:

The required formula is

C(M2)=H2+NL[1(1p1)(1p3)]

Put the values from the provided table.

The expected value is

C(M2)=40+3(54)[1(10.9)(10.13)]=$79.64

Conclusion: The expected value is $79.64¯.

(c)

Expert Solution
Check Mark
To determine
The expected value.

Answer to Problem 1EA

Solution: $58.96

Explanation of Solution

Given: The tables provided in the textbook.

Explanation:

To find expected value (C) of M3:

The required formula is

C(M3)=H3+NL[1(1p1)(1p2)]

Put the values from the provided table.

The expected value is

C(M3)=9+3(54)[(10.9)(10.24)]=$58.96

Conclusion: The expected value is $58.96¯.

(d)

Expert Solution
Check Mark
To determine
The expected value.

Answer to Problem 1EA

Solution: $82.54¯

Explanation of Solution

Given: The tables provided in the textbook.

Explanation:

To find expected value (C) of M12:

The required formula is

C(M12)=H1+H2+NL[1(1p3)]

Put the values from the provided table.

The expected value is

C(M12)=15+40+3(54)[1(10.13)]=$82.54

Conclusion: The expected value is $82.54¯.

(e)

Expert Solution
Check Mark
To determine
The expected value.

Answer to Problem 1EA

Solution: $62.88¯

Explanation of Solution

Given: The tables provided in the textbook.

Explanation:

To find expected value (C) of M13:

The required formula is

C(M13)=H1+H3+NL[1(1p2)]

Put the values from the provided table.

The expected value is

C(M13)=15+9+3(54)[1(10.24)]=$62.88

Conclusion: The expected value is $62.88¯.

(f)

Expert Solution
Check Mark
To determine
The expected value.

Answer to Problem 1EA

Solution: $64¯

Explanation of Solution

Given: The tables provided in the textbook.

Explanation:

To find expected value (C) of M123:

The required formula is

C(M123)=H1+H2+H3

Put the values from the provided table.

The expected value is

C(M123)=15+40+9=$64.00

Conclusion: The expected value is $64¯.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
1. A Blue Whale's resting heart rate has period that happens to be approximately equal to 2π. A typical ECG of a whale's heartbeat over one period may be approximated by the function, f(x) = 0.005x4 2 0.005x³-0.364x² + 1.27x on the interval [0, 27]. Find an nth-order Fourier approximation to the Blue Whale's heartbeat, where n ≥ 3 is different from that used in any other posts on this topic, to generate a periodic function that can be used to model its heartbeat, and graph your result. Be sure to include your chosen value of n in your Subject Heading.
I need help explaining on this example on how can I define the Time-Domain Function, Apply the Laplace Transformation Formula, and
ma Classes Term. Spring 2025 Title Details Credit Hours CRN Schedule Type Grade Mode Level Date Status Message *MATHEMATICS FOR MANAGEME... MTH 245, 400 4 54835 Online Normal Grading Mode Ecampus Undergradu... 03/21/2025 Registered **Web Registered... *SOIL SCIENCE CSS 205, 400 0 52298 Online Normal Grading Mode Undergraduate 03/21/2025 Waitlisted Waitlist03/21/2025 PLANT PATHOLOGY BOT 451, 400 4 56960 Online Normal Grading Mode Undergraduate 03/21/2025 Registered **Web Registered... Records: 3 Schedule Schedule Details

Chapter 8 Solutions

Finite Mathematics (11th Edition)

Ch. 8.1 - Prob. 11ECh. 8.1 - In Exercises 1 evaluate the factorial or...Ch. 8.1 - How many different types of homes are available if...Ch. 8.1 - A menu offers a choice of 3 salads, 8 main dishes,...Ch. 8.1 - Prob. 15ECh. 8.1 - In a club with 16 members, how many ways can a...Ch. 8.1 - Define permutation in your own words.Ch. 8.1 - Explain the difference between distinguishable and...Ch. 8.1 - Prob. 19ECh. 8.1 - In Example 6, how many unordered 2-letter subsets...Ch. 8.1 - Prob. 21ECh. 8.1 - A printer has 5 A's, 4 B's, 2 C's, and 2 D's. How...Ch. 8.1 - Prob. 23ECh. 8.1 - Prob. 24ECh. 8.1 - Prob. 25ECh. 8.1 - Prob. 26ECh. 8.1 - Prob. 27ECh. 8.1 - Prob. 28ECh. 8.1 - Prob. 29ECh. 8.1 - Prob. 30ECh. 8.1 - Prob. 31ECh. 8.1 - Prob. 32ECh. 8.1 - Prob. 33ECh. 8.1 - Life Sciences Drug Sequencing Twelve drugs have...Ch. 8.1 - Prob. 35ECh. 8.1 - Science Conference At an annual college science...Ch. 8.1 - Social Sciences Social Science Experiment In an...Ch. 8.1 - Prob. 38ECh. 8.1 - Prob. 39ECh. 8.1 - Union Elections A chapter of union Local 715 has...Ch. 8.1 - Prob. 41ECh. 8.1 - Programming Music A zydeco band from Louisiana...Ch. 8.1 - Prob. 43ECh. 8.1 - Prob. 44ECh. 8.1 - IP Addresses Every computer or other device...Ch. 8.1 - License Plates For many years, the state of...Ch. 8.1 - Prob. 48ECh. 8.1 - Prob. 49ECh. 8.1 - Prob. 50ECh. 8.1 - Prob. 51ECh. 8.1 - Prob. 52ECh. 8.1 - Prob. 53ECh. 8.1 - Traveling Salesman In the famous Traveling...Ch. 8.1 - Prob. 55ECh. 8.2 - Prob. 1ECh. 8.2 - Prob. 2ECh. 8.2 - Prob. 3ECh. 8.2 - Prob. 4ECh. 8.2 - Prob. 5ECh. 8.2 - Prob. 6ECh. 8.2 - Prob. 7ECh. 8.2 - Prob. 8ECh. 8.2 - Prob. 9ECh. 8.2 - Prob. 10ECh. 8.2 - Prob. 11ECh. 8.2 - In how many ways can a hand of 6 red cards he...Ch. 8.2 - Prob. 13ECh. 8.2 - An economics club has 31 members. (a) If a...Ch. 8.2 - Prob. 15ECh. 8.2 - Prob. 16ECh. 8.2 - In Exercises #x2013;24, decide whether each...Ch. 8.2 - In Exercises 1724, decide whether each exercise...Ch. 8.2 - In Exercises 1724, decide whether each exercise...Ch. 8.2 - In Exercises 17-24, decide whether each exercise...Ch. 8.2 - In Exercises 17-24, decide whether each exercise...Ch. 8.2 - In Exercises 17-24, decide whether each exercise...Ch. 8.2 - Prob. 23ECh. 8.2 - Prob. 24ECh. 8.2 - Prob. 25ECh. 8.2 - Prob. 26ECh. 8.2 - Prob. 27ECh. 8.2 - Prob. 28ECh. 8.2 - Prob. 29ECh. 8.2 - Assembly Line Sampling Five items are to be...Ch. 8.2 - Prob. 31ECh. 8.2 - Prob. 32ECh. 8.2 - Prob. 33ECh. 8.2 - Prob. 34ECh. 8.2 - Prob. 35ECh. 8.2 - Prob. 36ECh. 8.2 - Social Sciences Legislative Committee A...Ch. 8.2 - Prob. 38ECh. 8.2 - Prob. 39ECh. 8.2 - Prob. 40ECh. 8.2 - Prob. 41ECh. 8.2 - Prob. 42ECh. 8.2 - Prob. 43ECh. 8.2 - Prob. 44ECh. 8.2 - Prob. 45ECh. 8.2 - Prob. 46ECh. 8.2 - Prob. 47ECh. 8.2 - Prob. 48ECh. 8.2 - Prob. 49ECh. 8.2 - Prob. 50ECh. 8.2 - Passwords A certain website requires users to log...Ch. 8.2 - Prob. 52ECh. 8.2 - Prob. 53ECh. 8.2 - Prob. 54ECh. 8.2 - Prob. 55ECh. 8.2 - Prob. 56ECh. 8.2 - Prob. 57ECh. 8.2 - Prob. 58ECh. 8.3 - A basket contains 7 red apples and 4 yellow...Ch. 8.3 - A basket contains 7 red apples and 4 yellow...Ch. 8.3 - A basket contains 7 red apples and 4 yellow...Ch. 8.3 - A basket contains 7 red apples and yellow apples....Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - In a club with 9 male and 11 female members, a...Ch. 8.3 - Two cards are drawn at random from an ordinary...Ch. 8.3 - Find the probability that the 2-card hand...Ch. 8.3 - Find the probability that the 2-card hand...Ch. 8.3 - Find the probability that the 2-card hand...Ch. 8.3 - Prob. 15ECh. 8.3 - Prob. 16ECh. 8.3 - Prob. 17ECh. 8.3 - Prob. 18ECh. 8.3 - Prob. 19ECh. 8.3 - Prob. 20ECh. 8.3 - Twenty-six slips of paper are each marked with a...Ch. 8.3 - Prob. 22ECh. 8.3 - Discuss the relative merits of using tree diagrams...Ch. 8.3 - Prob. 24ECh. 8.3 - Prob. 25ECh. 8.3 - For Exercises 25-28, refer to Example 6 in this...Ch. 8.3 - Prob. 27ECh. 8.3 - For Exercises 25- refer to Example 6 in this...Ch. 8.3 - After studying all night for a final exam, a...Ch. 8.3 - Prob. 30ECh. 8.3 - If the letters l, i, t, t, l, and e are chosen at...Ch. 8.3 - If the letters M, i, s. s. i, s, s, i, p, p, and i...Ch. 8.3 - Prob. 33ECh. 8.3 - Prob. 34ECh. 8.3 - Prob. 35ECh. 8.3 - Prob. 36ECh. 8.3 - Prob. 37ECh. 8.3 - Prob. 38ECh. 8.3 - Prob. 39ECh. 8.3 - Prob. 40ECh. 8.3 - Prob. 41ECh. 8.3 - Prob. 42ECh. 8.3 - Prob. 43ECh. 8.3 - Social Sciences Election Ballots Five names are...Ch. 8.3 - Native American Council At the first meeting of a...Ch. 8.3 - Prob. 46ECh. 8.3 - Education At a conference promoting excellence in...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - General Interest Poker Find the probabilities of...Ch. 8.3 - Prob. 55ECh. 8.3 - Prob. 56ECh. 8.3 - Prob. 57ECh. 8.3 - Prob. 58ECh. 8.3 - Prob. 59ECh. 8.3 - Prob. 60ECh. 8.3 - Prob. 61ECh. 8.3 - Prob. 62ECh. 8.3 - Prob. 63ECh. 8.3 - Prob. 64ECh. 8.3 - Prob. 65ECh. 8.3 - Prob. 66ECh. 8.3 - Prob. 67ECh. 8.3 - Lottery An article in The New York Times...Ch. 8.3 - Prob. 69ECh. 8.3 - Prob. 70ECh. 8.3 - Prob. 71ECh. 8.3 - Prob. 72ECh. 8.3 - Football During the 1988 college football season,...Ch. 8.3 - Prob. 74ECh. 8.3 - Bingo Bingo has become popular in the United...Ch. 8.3 - Prob. 76ECh. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has 5 children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - Suppose that a family has S children. Also,...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - A die is rolled times. Find the probabilities of...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - A die is rolled 12 times. Find the probabilities...Ch. 8.4 - How do you identify a probability problem that...Ch. 8.4 - Prob. 16ECh. 8.4 - Prob. 17ECh. 8.4 - Prob. 18ECh. 8.4 - Prob. 19ECh. 8.4 - Prob. 20ECh. 8.4 - Prob. 21ECh. 8.4 - Business and Economics Management The survey...Ch. 8.4 - Business and Economics Management The survey...Ch. 8.4 - Business and Economics Management The survey...Ch. 8.4 - Prob. 25ECh. 8.4 - Prob. 26ECh. 8.4 - Prob. 27ECh. 8.4 - Prob. 28ECh. 8.4 - Prob. 29ECh. 8.4 - Quality Control A factory tests a random sample of...Ch. 8.4 - Prob. 31ECh. 8.4 - Prob. 32ECh. 8.4 - Pecans Pecan producers blow air through the pecans...Ch. 8.4 - Prob. 34ECh. 8.4 - Prob. 35ECh. 8.4 - Life Sciences Breast Cancer A recent study found...Ch. 8.4 - Prob. 37ECh. 8.4 - Life Sciences Breast Cancer A recent study found...Ch. 8.4 - Births of Twins The probability that a birth will...Ch. 8.4 - Prob. 40ECh. 8.4 - Prob. 41ECh. 8.4 - Prob. 42ECh. 8.4 - Prob. 43ECh. 8.4 - Prob. 44ECh. 8.4 - Prob. 46ECh. 8.4 - Prob. 47ECh. 8.4 - Prob. 48ECh. 8.4 - Prob. 49ECh. 8.4 - Volunteering A recent survey found that 83% of...Ch. 8.4 - Volunteering A recent survey found that 83% of...Ch. 8.4 - Volunteering A recent survey found that 83% of...Ch. 8.4 - Volunteering A recent survey found that 83% of...Ch. 8.4 - Minority Enrollment According to the U.S....Ch. 8.4 - Prob. 56ECh. 8.4 - Prob. 57ECh. 8.4 - Prob. 59ECh. 8.5 - For each experiment described below, let x...Ch. 8.5 - For each experiment described below, let x...Ch. 8.5 - Prob. 3ECh. 8.5 - For each experiment described below, let x...Ch. 8.5 - Prob. 5ECh. 8.5 - Draw a histogram for the following, and shade the...Ch. 8.5 - Prob. 7ECh. 8.5 - Draw a histogram for the following, and shade the...Ch. 8.5 - Prob. 9ECh. 8.5 - Find the expected value for each random variable....Ch. 8.5 - Prob. 11ECh. 8.5 - Find the expected value for each random variable....Ch. 8.5 - Prob. 13ECh. 8.5 - Find the expected value for the random variable x...Ch. 8.5 - Prob. 15ECh. 8.5 - Find the expected value for the random variable x...Ch. 8.5 - Prob. 17ECh. 8.5 - Suppose one day Mary brings a 2-headed coin and...Ch. 8.5 - Prob. 19ECh. 8.5 - Prob. 20ECh. 8.5 - Prob. 21ECh. 8.5 - Prob. 22ECh. 8.5 - Prob. 23ECh. 8.5 - Prob. 24ECh. 8.5 - Prob. 25ECh. 8.5 - Prob. 26ECh. 8.5 - Prob. 27ECh. 8.5 - Prob. 28ECh. 8.5 - Prob. 29ECh. 8.5 - Business and Economics Complaints A local used-car...Ch. 8.5 - Payout on Insurance Policies An insurance company...Ch. 8.5 - Device Failure An insurance policy on an...Ch. 8.5 - Prob. 33ECh. 8.5 - Rating Sales Accounts Levi Strauss and Company...Ch. 8.5 - Prob. 35ECh. 8.5 - Life Sciences Animal Offspring In a certain animal...Ch. 8.5 - Ear Infections Otitis media, or middle ear...Ch. 8.5 - Hospitalization Insurance An insurance policy pays...Ch. 8.5 - Prob. 39ECh. 8.5 - Prob. 40ECh. 8.5 - Prob. 41ECh. 8.5 - Prob. 42ECh. 8.5 - Prob. 43ECh. 8.5 - Prob. 44ECh. 8.5 - Prob. 45ECh. 8.5 - Prob. 46ECh. 8.5 - Prob. 47ECh. 8.5 - Prob. 48ECh. 8.5 - Prob. 49ECh. 8.5 - Prob. 50ECh. 8.5 - Prob. 51ECh. 8.5 - Prob. 52ECh. 8.5 - Prob. 53ECh. 8.5 - Prob. 54ECh. 8.5 - The Hog Game In the hug game, each player states...Ch. 8.5 - Prob. 56ECh. 8.5 - Prob. 57ECh. 8 - Refer to the example and find the following. (a)...Ch. 8 - Which policy lends to the lowest expected cost?Ch. 8 - In the example, p1 + p2 + p3 = 0.09 + 0.24 + 0.17...Ch. 8 - Suppose an item to be repaired might need one of n...Ch. 8 - Prob. 1RECh. 8 - Prob. 2RECh. 8 - Prob. 3RECh. 8 - Determine whether each of the following statements...Ch. 8 - Prob. 5RECh. 8 - Prob. 6RECh. 8 - Prob. 7RECh. 8 - Prob. 8RECh. 8 - Prob. 9RECh. 8 - Prob. 10RECh. 8 - Prob. 11RECh. 8 - Prob. 12RECh. 8 - Prob. 13RECh. 8 - Prob. 14RECh. 8 - Prob. 15RECh. 8 - Prob. 16RECh. 8 - Prob. 17RECh. 8 - Prob. 18RECh. 8 - Prob. 19RECh. 8 - Prob. 20RECh. 8 - Prob. 21RECh. 8 - Prob. 22RECh. 8 - Explain under what circumstances a permutation...Ch. 8 - Prob. 24RECh. 8 - Prob. 25RECh. 8 - Prob. 26RECh. 8 - Prob. 27RECh. 8 - Prob. 28RECh. 8 - Prob. 29RECh. 8 - Prob. 30RECh. 8 - Prob. 31RECh. 8 - Prob. 32RECh. 8 - Prob. 33RECh. 8 - Prob. 34RECh. 8 - Prob. 35RECh. 8 - Prob. 36RECh. 8 - Prob. 37RECh. 8 - Prob. 38RECh. 8 - Prob. 39RECh. 8 - Prob. 40RECh. 8 - Prob. 41RECh. 8 - In Exercises 41 and (a) give a probability...Ch. 8 - Prob. 43RECh. 8 - Prob. 44RECh. 8 - Prob. 45RECh. 8 - Prob. 46RECh. 8 - Prob. 47RECh. 8 - Prob. 48RECh. 8 - Prob. 49RECh. 8 - Prob. 50RECh. 8 - Prob. 51RECh. 8 - Prob. 52RECh. 8 - Prob. 53RECh. 8 - Prob. 54RECh. 8 - Prob. 55RECh. 8 - Prob. 56RECh. 8 - Prob. 57RECh. 8 - Prob. 58RECh. 8 - Prob. 59RECh. 8 - Prob. 60RECh. 8 - Prob. 61RECh. 8 - Prob. 62RECh. 8 - Prob. 63RECh. 8 - Prob. 64RECh. 8 - Prob. 65RECh. 8 - Prob. 66RECh. 8 - Prob. 67RECh. 8 - Prob. 68RECh. 8 - Prob. 69RECh. 8 - Prob. 70RECh. 8 - Prob. 71RECh. 8 - Prob. 72RECh. 8 - Prob. 73RECh. 8 - Prob. 74RECh. 8 - Contests At one time, game boards for a United...Ch. 8 - Prob. 76RECh. 8 - Prob. 77RECh. 8 - Prob. 78RECh. 8 - Prob. 79RECh. 8 - Prob. 80RECh. 8 - Prob. 81RECh. 8 - Prob. 82RE
Knowledge Booster
Background pattern image
Math
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
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Algebra for College Students
Algebra
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Cengage Learning
Text book image
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:9781305658004
Author:Ron Larson
Publisher:Cengage Learning
Grade 12 and UG/ Introduction to logical statements and truth tables; Author: Dr Trefor Bazett;https://www.youtube.com/watch?v=q2eyZZK-OIk;License: Standard YouTube License, CC-BY