Question
$12.00 probability
- From Mathematics: Algebra
- Closed, but you can still post tutorials
- Due on May. 28, 2012
- Asked on May. 25, 2012 at 08:49:17AM
Q:
Need a little help with probability Subbu please help me out.
A:
Preview: ... wer/.. ...
The full tutorial is about 4 words long plus attachments.

Probability week 4 exam (All Answer Correctly completed for u)
- This tutorial hasn't been purchased yet.
- Posted on May. 25, 2012 at 09:29:02AM
A:
Preview: ... 5/8
Odds against = (1-p)/p
= (1- 5/8)/(5/8)
= 3/5
EV = sum(x*p(x))
= 5*1/4 – 1*3/4
= 0.5
Since the expected value is positive, they should guess.
EV = sum(x*p(x))
= -5 1000*1/1000 100*2/1000
= -$3.80
The expected value is -3.80.
Total = 45 180 110 95 65 5 = 500
B = 180
Divide:
180/500
= 0.36
Multiply:
3/11 * 110
= 30
Prob = 5/8
Odds against = (1-p)/p
= (1- 5/8)/(5/8)
= 3/5
EV = sum(x*p(x))
= 5*1/4 – 1*3/4
= 0.5
Since the expected value is positive, they should guess.
EV = sum(x*p(x))
= -5 1000*1/1000 100*2/1000
= -$3 ...
The full tutorial is about 353 words long plus attachments.

Step by step full explanations for you
- This tutorial hasn't been purchased yet.
- Posted on May. 25, 2012 at 09:35:06AM
Posted by :
A:
Preview: ... step fu ...
The full tutorial is about 7 words long plus attachments.

A+ work of week 4 exam with calculation
- This tutorial hasn't been purchased yet.
- Posted on May. 25, 2012 at 09:39:51AM
A:
Preview: ... rk of w ...
The full tutorial is about 8 words long plus attachments.

A:
Preview: ... the at ...
The full tutorial is about 7 words long plus attachments.
