As a birthday gift, you are mailing a new personal digital assistant (PDA) to your cousin in Toledo. The PDA cost $414. There is a 3 percent chance it will be lost or damaged in the mail. Is it worth $4 to insure the mailing?Explain, using the concept of expected value.

Answers

Answer 1

Answer:

It is worth $4 to insure the mailing.

Step-by-step explanation:

The random variable X can be defined as the money value.

The PDA costs, $414.

It is provided that there is a 3% chance it will be lost or damaged in the mail.

So, there is 97% chance it will not be lost or damaged in the mail.

The insurance costs $4.

If the PDA is lost or damaged in the mail when there is no insurance the money value would be of -$414.

And if the PDA is lost or damaged in the mail when there is an insurance the money value would be of $414 - $4 = $410.

Compute the expected value of money as follows:

[tex]\text{E (X)}=(0.97\times 410)+(0.03\times -414)[/tex]

          [tex]=397.7-12.42\\=385.28[/tex]

The expected value of money in case the PDA is lost or damaged in the mail or not is $385.28.

Thus, it is worth $4 to insure the mailing.


Related Questions

11+11=4
22+22=16
33+33=
What’s the answer

Answers

Answer:

what method exactly r u using ????

One possible answer can be 36

What is an equation of a line, in point-slope form, that
passes through (1, – 7) and has a slope of -2/3

y-7= }(1-1)
y+7= (1+1)
y-7=-|(+1)
y+7=-3(2-1)

Answers

Answer:

y + 7 = -2/3 (x - 1)

Step-by-step explanation:

Point-slope form is y - y1 = m (x - x1)

-7 is y1, -2/3 is m, and 1 is x1

When you plug the values in, you get y + 7 = -2/3 (x - 1)

What’s the correct answer for this question?

Answers

Answer:

D

Step-by-step explanation:

Answer:

V ≈ 382 inches ³

Step-by-step explanation:

V = 4/3πr³

V = 4/3(3.14)(4.5)³

V = 1145.11/3

V = 381.7

V ≈ 382 inches ³

NEED ASAP!!!!


Which equation represents the grafted function

Answers

Answer:

sorry i meant c

Step-by-step explanation:

What is the answer for this one ?

4x+3y=20 2x+y=7

Answers

Answer:

x = 1/2 , y = 6

Explanation:

Step 1 - Align the equations and multiply the second row by 2

4x + 3y = 20

2x + y = 7

4x + 3y = 20

4x + 2y = 14

Step 2 - Subtract them both

4x + 3y = 20

4x + 2y = 14

y = 6

So, y = 6

Step 3 - Substitute y into the first equation

4x + 3y = 20

4x + 3(6) = 20

4x + 18 = 20

Step 4 - Subtract 18 from both sides

4x + 18 = 20

4x + 18 - 18 = 20 - 18

4x = 2

Step 5 - Divide both sides by 4

4x = 2

4x / 4 = 2 / 4

x = 2/4

So, x = 1/2

Please help! Correct answer only, please! Consider the matrix shown below: What are the dimensions of A. A. 3 X 4 B. 4 X 3 C. 12 D. A and B

Answers

Answer:  A) 3 x 4

Step-by-step explanation:

The dimensions of a matrix are ROWS x COLUMNS.

The given matrix has 3 rows and 4 columns,

therefore the dimensions are: 3 x 4

Is the function given by ​f(x)equalsleft brace Start 2 By 2 Matrix 1st Row 1st Column one fourth x plus 1 comma 2nd Column for x less than or equals 4 comma 2nd Row 1st Column 4 x minus 11 comma 2nd Column for x greater than 4 comma EndMatrix continuous at xequals4​? Why or why​ not? Choose the correct answer below. A. The given function is continuous at xequals4 because ModifyingBelow lim With x right arrow 4 f (x )does not exist. B. The given function is not continuous at xequals4 because ​f(4​) does not exist. C. The given function is continuous at xequals4 because the limit is 2. D. The given function is not continuous at xequals4 because ModifyingBelow lim With x right arrow 4 f (x )does not exist.

Answers

Answer:

C. The given function is continuous at x=4 because the limit is 2.

Step-by-step explanation:

Given the function:

[tex]f(x)=\left\{\begin{array}{ccc}\frac{1}{4}x+1 &x\leq 4\\4x-11&x>4\end{array}\right[/tex]

We are to determine if the function is continuous at x=4.

For a function to be continuous  at some value c in its domain:

f(c) must be defined.[tex]Lim_{x \to c}$ f(x)[/tex] must exist. [tex]f(c)=Lim_{x \to c}$ f(x)[/tex]

Now: at x=4

[tex]f(4)=\dfrac{1}{4}*4+1=2[/tex][tex]Lim_{x \to 4}f(x)=2[/tex]

Since the two values are the same, we say that f(x) is continuous at x=4.

The correct option is C.

Triangles E F G and K L M are shown. Angles E F G and K L M are congruent. The length of side K L is 6, the length of side M L is 5, and the length of K M is 8. The length of E G is 24, the length of G F is 15, and the length of E F is 18. Can the triangles be proven similar using the SSS or SAS similarity theorems? Yes, △EFG ~ △KLM only by SSS. Yes, △EFG ~ △KLM only by SAS. Yes, △EFG ~ △KLM by SSS or SAS. No, they cannot be proven similar by SSS or SAS.?

Answers

Answer:

The Answer is C: Yes, △EFG~ △KLM by SSS or SAS

Step-by-step explanation:

SSS is for side-side-side

Both triangles have all three sides given, so the SSS similarity theorem is one way to prove these triangles are similar.

SAS is for side-angle-side

Both triangles have one angle measurement given, and two side lengths given, therefore we can also use the SAS similarity theorem to prove the two triangles are similar.  

Since both SSS and SAS work to prove the triangles are similar, the correct answer is C: Yes, △EFG~ △KLM by SSS or SAS

(I also just answered this question on the assignment and got it correct)

Answer:

Answer is C

Step-by-step explanation:

Took it on Edg

The area of a circle is 153.86 square meters. What is the diameter of the circle? Use 3.14 for π.

Answers

Answer:

Option (2). 14 m

Step-by-step explanation:

Formula to get the area of a circle 'A' = [tex]\pi r^{2}[/tex]

where r = radius of the circle

Given in the question,

Area of the circle = 153.86 square meters

By putting the values in the formula,

153.86 = πr²

r = [tex]\sqrt{\frac{153.86}{\pi } }[/tex]

r = [tex]\sqrt{49}[/tex]

r = 7 meters

Diameter of circle = 2 × (radius of the circle)

                              = 2 × 7

                              = 14 meters

Therefore, diameter of the circle is 14 meters.

Option (2) is the answer.

Answer:

14m

Step-by-step explanation:

PLZ PLZ HELP ME I NEED THIS FOR ONE OF MY FIANLE ASSIGNMENTS OF THE YEAR AND WHOEVER ANSWERS CORRECTLY WILL GET BRAINLEST

Answers

5×4=20 is closer to 24.9344.

[tex]487 \times 512=24.9344[/tex]

Let's try placing the decimals after the hundreds place.

[tex]4.87 \times 5.12=24.9344[/tex]

It works.

There is more than one possibility.

[tex].487 \times 51.2=24.9344[/tex]

[tex]48.7 \times .512=24.9344[/tex]

What is the difference? Negative 6 minus (11)

Answers

Answer:

-17

Step-by-step explanation:

-6-11=-17

Answer:

the answer is -17

Step-by-step explanation:

Dan and Camille each have a gift card with a combined balance of $350.00. Dan spent 1/2 of his card balance while Camille spent 1/3 of her card balance. They are both left with an equal amount on their gift cards left. What are they left with.

Answers

It should be around $75

A population has the following characteristics.(a) A total of 25% of the population survives the first year. Of that 25%, 75% survives the second year. The maximum life span is 3 years.(b) The average number of offspring for each member of the population is 3 the first year, 5 the second year, and 3 the third year.The population now consists of 144 members in each of the three age classes. How many members will there be in each age class in 1 year?0 ≤ age ≤ 1 = 1 ≤ age ≤ 2 = 2 ≤ age ≤ 3 = In 2 years?0 ≤ age ≤ 1 = 1 ≤ age ≤ 2 = 2 ≤ age ≤ 3 =

Answers

Answer:

After 1st year, the age distribution will be

[tex]x_1 = \left[\begin{array}{ccc}1584\\36\\108\end{array}\right][/tex]

After 2nd year, the age distribution will be

[tex]x_2 = \left[\begin{array}{ccc}5256\\396\\27\end{array}\right][/tex]

Step-by-step explanation:

A population has the following characteristics.

A total of 25% of the population survives the first year. Of that 25%, 75% survives the second year.

The average number of offspring for each member of the population is 3 the first year, 5 the second year, and 3 the third year.

From the above information, we can construct a transition age matrix.

[tex]A = \left[\begin{array}{ccc}3&5&3\\0.25&0&0\\0&0.75&0\end{array}\right][/tex]

The population now consists of 144 members in each of the three age classes.

From the above information, we can construct the current age matrix.

[tex]x = \left[\begin{array}{ccc}144\\144\\144\end{array}\right][/tex]

How many members will there be in each age class in 1 year?

After 1st year, the age distribution will be

[tex]x_1 = A \cdot x[/tex]

[tex]x_1 = \left[\begin{array}{ccc}3&5&3\\0.25&0&0\\0&0.75&0\end{array}\right] \times \left[\begin{array}{ccc}144\\144\\144\end{array}\right][/tex]

The matrix multiplication is possible since the number of columns of first matrix is equal to the number of rows of second matrix.

[tex]x_1 = \left[\begin{array}{ccc}1584\\36\\108\end{array}\right][/tex]

After 2nd year, the age distribution will be

[tex]x_2 = A \cdot x_1[/tex]

[tex]x_2 = \left[\begin{array}{ccc}3&5&3\\0.25&0&0\\0&0.75&0\end{array}\right] \times \left[\begin{array}{ccc}1584\\36\\108\end{array}\right][/tex]

[tex]x_2 = \left[\begin{array}{ccc}5256\\396\\27\end{array}\right][/tex]

If 5=3+2,then 3+2=5. What is the truth value

Answers

Answer:

true

Step-by-step explanation:

Find the term that must be added to the equation x2−2x=3 to make it into a perfect square. A. 1 B. 4 C. -3 D. 2

Answers

Answer:

1

Step-by-step explanation:

x^2−2x=3

Take the coefficient of x

-2

Divide by 2

-2/2 =-1

Square it

(-1)^2 = 1

Add this to each side

(please answer as soon as possible)If two lines intersect at a point, then vertically opposite angles are always: a)Complememtary b)Supplementary c)Unequal d)Equal

Answers

Answer:

D

Step-by-step explanation:

This is the veritcal angles theorem

Simplify the following:

(4x^3+2x) + (8x^3 -5x + 4)

Answers

Answer:

12x^3 - 3x + 4

Im 100% percent sure and if you  are kind enough, I’d love a BRAINLIEST :)

Factor the following expression using the GCF. Type your factored expression below.



4xy+12w+12z

Answers

Answer:

4(xy + 3w + 3z)

Step-by-step explanation:

The GCF is 4, so you can take that out and put it in front of the parentheses. Then you just divide all of the terms by 4 (4xy / 4 = xy; 12w / 4 = 3w; 12z / 4 = 3z), etc.

Use Greens Theorem to evaluate integral x^2ydx - xy^2dy, where C is 0 ≤ y ≤ √9-x^2 with counterclockwise orientation

Answers

Answer:

Step-by-step explanation:

a circle will satisfy the conditions of Green's Theorem since it is closed and simple.

Let's identify P and Q from the integral

[tex]P=x^2 y[/tex], and [tex]Q= xy^2[/tex]

Now, using Green's theorem on the line integral gives,

[tex]\oint\limits_C {x^2ydx-xy^2dy } =\iint\limits_D {y^2-x^2} \, dA\\\\[/tex]

Lisa washes dishes at the local diner. She can wash 4 dishes every minute. What is the algebraic equation to express the function of the total number of dishes Lisa washes?

Answers

Answer:

f(x)= 4x or y=4x

Step-by-step explanation:

X represents minutes and the 4 is how many dishes she can wash.

answer is the one above me!

15=3(2x+4)-3 prove x=1

Answers

Answer:

X=1

Step-by-step explanation:

6x+12-3=15

6x+9=15

6x+9-9=15-9

6x=6

X=1

Answer:

see below

Step-by-step explanation:

15=3(2x+4)-3

Distribute

15 = 6x +12 - 3

Combine like terms

15= 6x +9

Subtract 9 from each side

15 -9 = 6x+9-9

6 = 6x

Divide each side by 6

6/6 = 6x/6

1 =x

The sum of two consecutive integers is −19. Find the integers.

Answers

Answer:

-9 and -10

Step-by-step explanation:

x + x+1=-19

2x+1=-19

2x=-19-1

2x=-20

x=-10

x+1

-10+1=-9

Answer:

[tex]-9[/tex]

[tex]-10[/tex]

Step-by-step explanation:

[tex]x+x+1=-19[/tex]

[tex]2x+1=-19[/tex]

[tex]2x=-19-1[/tex]

[tex]2x=-20[/tex]

[tex]x=-20 \div 2[/tex]

[tex]x=-10[/tex]

[tex]x+x+1=-19[/tex]

[tex]x+1=-19-x[/tex]

[tex]-10+1=-19-(-10)[/tex]

[tex]-9=-19+10[/tex]

[tex]-9=-9[/tex]

please help me... I'm confused​

Answers

Answer:

a=5

b=15

Step-by-step explanation:

By following the pattern on the table we can see that the x is increasing by 1 and the y is increasing by 3 each time. Therefore, the next set of numbers would be (5,15).

Fredrick slept 4 hours each day in weekdays and 8 hours in weekend. How many
hours did he sleep in 5 weeks?

Answers

Answer:

180 or 1260

Step-by-step explanation:

4*5=20

8*2=16

20+16=36

36*5=180

180*7=1260

sorry it took so long im only in 8th grade but im doing 11th grade classes because im smart i guess

we choose a sample of size 100 from a population of monthly cable bills having standard deviation $20 If we assume the population mean bill is $65, what is the probability mean of our sample is greater than $70.

Answers

Answer:

0.0062

Step-by-step explanation:

Find the standard error.

σ = 20 / √100

σ = 2

Find the z-score.

z = (x − μ) / σ

z = (70 − 65) / 2

z = 2.5

Find the probability.

P(Z > 2.5) = 1 − 0.9938

P(Z > 2.5) = 0.0062

ASAP! GIVING BRAINLIEST! Please read the question THEN answer CORRECTLY! NO guessing. I say no guessing because people usually guess on my questions.

Answers

Answer:

a

Step-by-step explanation:

because as absolute value gets smaller the line gets steeper

r

arl rides his bicycle 120 feet in 10 seconds. How many feet does he ride in 1 minute? 2 feet 12 feet 720 feet 7,200 feet

Answers

Answer: 720 ft

Step-by-step explanation: He rides 720 feet.

if 120 feet are in 10 seconds then;

60 seconds are 60/10*120=720 feet

Answer:

720

Step-by-step explanation:

120/10 to find his feet per second which is 12 feet per second

12*60

since there are 60 seconds in a minute

= 720

find the quotient of 25.5÷0.5​

Answers

Answer:

[tex]51[/tex]

Step-by-step explanation:

[tex]\frac{25.5}{0.5}[/tex]

[tex]\frac{255}{5}[/tex]

[tex]=51[/tex]

Jose purchased 4/9 pound of peanut and 7/11 pounds of raisins find the total weight of his purchase

Answers

Answer:

The total weight of his purchase is 1.08 pounds

Step-by-step explanation:

To find the total weight of his purchase, we sum the weight of each of his purchases.

He purchased:

4/9 pound of peanut.

7/11 pounds of raisins

Total:

The least common multiple between 9 and 11 is 99.

Then

[tex]\frac{4}{9} + \frac{7}{11} = \frac{11*4 + 9*7}{99} = \frac{107}{99} = 1.08[/tex]

The total weight of his purchase is 1.08 pounds

Look at the row of numbers. What number should come next?
8, 4, 2, 1, 1/2, 1/4, ?

Answers

Answer:

1/8

Step-by-step explanation

Every time the number is divided by 2 like 8 divided by 2 is 4 and 4 divided by 2 is 2 and so on so if you divide 1/4 by 2 it would be 0.125 and that in fraction would be 1/8.

Other Questions
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(Remember 8 ounces = 1 cup; 2 cups1 pint)= How was New Jersey divided and who had control? 82R56,92 54 812120 solve 5kx+ 6=7kx for x QUESTION 3Choose the answer.Which does not describe an effect of the author's use of first-person point of view?It helps the reader understand what all characters are thinking in the story.It helps the reader understand the narrator's thoughts.It helps the reader make guesses about what the narrator thinks.It helps the reader understand the narrator's feelings. C. Courtney got a remote control car for her birthday. It is a metallicpurple with chrome wheels that are 1 1/2 inches in diameter. She said toher friend, Dylan, My remote control car goes faster than my mom'scar on the freeway. No way, said Dylan. Courtney said, I will prove it toyou. Courtney measured off a distance of 115 inches. Dylan said, Okay, Iwill time how long it takes your car to travel that distance. I have a stopwatchfeature on my watch. Courtney raced her remote control car over the115-inch distance. Dylan said, Wow, that only took 3.21 seconds. That seemsreally fast. See, I told you, said Courtney. But really how fast is it going?answered Dylan. Determine the speed of Courtney's remote control car andcompare its speed to that of a regular car traveling on the freeway. Explainhow you found your solution. Why might the manufacturer get away withadvertising that the remote control car Travels Faster Than Life?please help!!!! Based on the information in the passage, it is most likely that Joe lives in a __ economy.The building that Joe is interested in purchasing would be consider __ Carefully review the research matrix presented below. 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