Answer: 82%
Step-by-step explanation:
- - - - - - - - college - - not college - - - - total
Travel - - - - 43 - - - - - - - 10 - - - - - - - - 53
Not travel - 24 - - - - - - - 5 - - - - - - - - - 29
Total - - - - 67 - - - - - - - 15 - - - - - - - - - 82
Marginal relative frequency of students who plan to attend college:
(Number of students who plan to attend the college / Total number of the students)
Number of students who plan to attend college = 67
total number of students = 82
Marginal relative frequency = 67/82
= 0.8170731
= (0.8170731) * 100%
= 81.7% = 82%
Answer:
a: 14/50
b: 15/50
c: 21/50
Step-by-step explanation:
on edge
Answer:
Jim will incur a loss of $2,400 in the 60-day period under review
Step-by-step explanation:
The question is incomplete. However, one assumption was made in attempting the question, ie, the timeframe was set at 60-days:
Jim likes to day-trade on the internet. On a good day, he averages a $1100 gain. On a bad day, he averages a $900 loss. Suppose that he has good days 25% of the time, bad days 35% of he time, and the rest of the time he breaks even, *what is Jim's balance after a 60-day period* ?
Solution
From the question, given period X = 60 days, and;
Jim's streak is as follows: 0.25X Profit : 0.35X Loss : (100 - (0.25+0.35) Even
Jim's streak = 0.25*60 : 0.35*60 : 0.4*60 = 15 + 21 + 24 (days)
15 profitable days = 15 * $1100 = $16,500
21 bad days 21*$900 = $18,900
24 even days = 24*$0 = $0
Balance after 60 days = $16500+(-$18900)+$0 = $16500-$18900 = -$2400
The expected daily value for Jim's day-trading hobby is -$40, meaning he should expect to lose $40 per day. Over three weeks of trading every weekday, this amounts to a total expected loss of -$600.
The subject of this question is expected value, a concept in probability and statistics, which essentially means the average result of a large number of trials in an experiment. In Jim's case, three possible outcomes are concerning his day-trading hobby: a good day ($1100 gain), a bad day ($900 loss), and a break-even day ($0 gain or loss).
Here's how we calculate:
The expected value of one day of trading for Jim is thus: $275 - $315 + $0 = -$40.
If Jim trades every weekday for three weeks (that is, 15 days), we can multiply the daily expected value by 15. So, Jim should expect to lose $40 * 15 = -$600 over three weeks.
#SPJ6
The complete question is given below:
Jim likes to day-trade on the Internet. On a good day. he averages a $1100 gain. On a bad day, he averages a $900 loss. Suppose that he has good days 25% of the time, bad days 35% of the time, and the rest of the time he breaks even.
a. What is the expected value for one day of Jim's day-trading hobby?
b. If Jim day-trades every weekday for three weeks, how much money should he expect to win or lose?
Answer: y= -10/3 - 2x/3
Step-by-step explanation:
move all terms that dont contain y to the right side and solve
9514 1404 393
Answer:
108, 77
Step-by-step explanation:
Let x represent the larger part. Then ...
x + (x -31) = 185
2x = 216
x = 108
x -31 = 77
The two parts are 108 and 77.
Answer:
1700 for the bus
Step-by-step explanation:
Answer:
did you get the answer?
Step-by-step explanation: