Answer:
a) 0.00019923%
b) 47.28%
Step-by-step explanation:
a) To determine the likelihood that all sockets in the sample are defective, we can use the following approach:
The first socket is among a group that has 5 defective out of 38, leading to a probability of 5/38.
The second socket is then taken from a group of 4 defective out of 37, following the selection of the first defective socket, resulting in a probability of 4/37.
Extending this logic, the chance of having all 5 defective sockets is computed as: (5/38)*(4/37)*(3/36)*(2/35)*(1/34) = 0.0000019923 = 0.00019923%.
b) Using similar reasoning as in part a, the first socket has a probability of 33/38 of not being defective as it's chosen from a set where 33 sockets are functionally sound. The next socket has a proportion of 32/37, and this continues onward.
The overall probability calculates to (33/38)*(32/37)*(31/36)*(30/35)*(29/34) = 0.4728 = 47.28%.
The expected value is calculated by subtracting the expected cost from the anticipated income.
The expected cost is fixed at $5.
The anticipated income arises from the probability associated with each outcome multiplied by its respective reward.
=> For the first prize: probability * prize = (1 / 100) * $ 100 = $1
=> For the second prize: probability * prize = (5 / 100) * $20 = $1
Thus, the expected value comes out to $1 + $1 - $5
This gives us an expected value of - $3
Final answer: - $ 3
Answer:
Refer to the explanation provided
Detailed explanation:
Variable Name R2 value Adj R2 value
Earnings Per Share 0.086535 0.077214
Earnings Per Share,
Dividends Per Share 0.103976 0.085501
Earnings Per Share,
Dividends Per Share,
Average Yield 0.180303 0.154687
Earnings Per Share,
Dividends Per Share,
Average Yield,
Return on Equity 0.183215 0.148824
Earnings Per Share,
Dividends Per Share,
Average Yield,
Return on Equity,
Total Assets 0.184669 0.141301
Earnings Per Share,
Dividends Per Share,
Average Yield,
Return on Equity,
Total Assets,
Total Revenues 0.187297 0.134865
The equation for the Washington Monument in terms of the steps for the Statue of Liberty is w = 6s - 27, which indicates that the variable should always come first. I hope this clarifies the answer, and you now know how to approach it. Wishing you a blessed and wonderful day, along with a great remainder of Black History Month!:-)
