In the game of roulette, a player can place a $9 bet on the number 33 and have a 38 probability of winning. If the metal ball lands on 33, the player gets to keep the $9 paid to play the game and the player is awarded an additional $315. Otherwise, the player is awarded nothing and the casino takes the player's $9. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose?

The expected value is $
(Round to the nearest cent as needed.)
The player would expect to lose about § (Round to the nearest cent as needed.)
search

Answers

Answer 1

After answering the presented question, we can conclude that As a result, the player may expect to lose a total of $5,580, with an average loss of $5.58 per game.

What is probability?

Probability is a measure of how likely an event is to occur. It is represented by a number between 0 and 1, with 0 representing a rare event and 1 representing an inescapable event. Switching a fair coin and coin flips has a chance of 0.5 or 50% because there are two equally likely outcomes. (Heads or tails). Probabilistic theory is an area of mathematics that studies random events rather than their attributes. It is applied in many fields, including statistics, economics, science, and engineering.

(38/39) x $315 - (1/39) x $9 = $306.54

The player will lose the remaining 620 games, totaling $9 x 620 = $5,580.

As a result, the player may expect to lose a total of $5,580, with an average loss of $5.58 per game.

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Related Questions

Suppose that 17 inches of wire costs 85 cents. At the same rate, how many inches of wire can be bought for 65 cents?

Answers

Answer:

13 inches

Step-by-step explanation:

17=85

1=85/17

1=5

Now

For 65 cents,

65=nx5

65/5=n

n=13 inches

Answer: 13 inches

Step-by-step explanation:

To solve this problem you would need to make a ratio.

A Ratio can be the symbol, : , / or the word to.

In this case you would need to do the problem as shown:

17/85 = x/65

First you would need to cross multiply, then flip the equation. And should end up with something like this:

85x =1105

Then Divide both sides by 85.

85x/85 = 1105/85

Answer:

X= 13

If a town with a population of 8,380 doubles in size every 77 years, what will the population
be 462 years from now?

Answers

It might just be 536320

ind the x-intercept and y-intercept of the line.
=+−6x4y21
Write your answers as exact values. Do not write your answers as ordered pairs.
x-intercept:

y-intercept:

Answers

The x-intercept is 21/5 and the y-intercept is -7/2 of the given line.

What is the x and y-intercept of a line?

In a two-dimensional Cartesian coordinate system, the x-intercept of a line is the point where the line crosses the x-axis, which means the value of y is zero at that point. The x-intercept can be found by setting y = 0 in the equation of the line and solving for x.

Given that we have to find the y-intercept and x-intercept

The given equation is:

5x - 6y = 21

The x-intercept is the point at which the line crosses the x-axis. At this point, the y-coordinate is zero.

The y-intercept is the point at which the line crosses the y-axis. At this point, the x-coordinate is zero

Finding x-intercept:

To find the x-intercept of a given linear equation, plug in 0 for 'y' and solve for 'x'.

Substitute y = 0 in a given equation

5x - 6(0) = 21

x = 21/5

Thus x-intercept is 21/5.

Finding y-intercept:

To find the y-intercept, plug 0 in for 'x' and solve for 'y'

Substitute x = 0 in a given equation

5(0) - 6y = 21

-6y = 21

-2y = 7

y = -7/2

Thus y-intercept is   -7/2

hence, the x-intercept is 21/5 and the y-intercept is -7/2 of the given line.

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Complete question:

Find the y-intercept and x-intercept of the line. 5x-6y=21

Suppose that 10 years ago you bought a home for $110,000, paying 10% as a down payment, and financing the rest at 8% interest for 30 years.

Your existing mortgage (the one you got 10 years ago)

How much money did you pay as your down payment?

$Correct
11,000
Correct Question 2. Points: 1 out of 1 possible.
How much money was your existing mortgage (loan) for?

$Correct
99,000
Partially correct Question 3. Points: 1 out of 3 possible.
What is your current monthly payment on your existing mortgage?

$Correct
724.96
Note: Carry at least 4 decimal places during calculations, but round your final answer to the nearest cent.

Untried Question 4 Points: 0 out of 2 possible. 2 available on this attempt.
How much total interest will you pay over the life of the existing loan?

Answers

Answer:

monthly payment: $726.43interest paid: $162,513.69

Step-by-step explanation:

You want to know the monthly payment on a 30-year loan of $99,000 at 8%, and the total interest paid.

Payment

The monthly payment is given by the amortization formula ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

where P is the loan amount, r is the annual interest rate, and t is the loan period in years

  A = $99000(0.08/12)/(1 -(1 +0.08/12)^(-12·30)) ≈ 726.42692814058

The monthly payment is $726.43.

Interest paid

The total of monthly payments is about 360 times the "exact" value of the monthly payment. There is always a slight adjustment made in the last payment to account for the fact that the payment value is always rounded. We can approximate that adjustment by using the "exact" monthly payment amount: $726.42693

The interest paid is the difference between the total of payments and the original loan amount:

  I = 360×$726.42693 -99000 ≈ $162,513.69

The total interest paid is about $162,513.69.

__

Additional comment

If you use 360 times the monthly payment of $726.43, you will compute the interest paid as $162,514.80.

If you compute the future value of the loan after 360 payments of $726.43, you will find it is $4.58. This means the last payment will be $726.43 -4.58 = $721.85, and the total of payments will be $261,510.22, which includes $162,510.22 in interest.

If you make an amortization schedule, where interest is rounded every month (as in "real life"), the result will be different from any of these values. It is $162,510.63. (The last payment is $722.26.)

The upshot is that the amount you determine for total interest paid will depend on the method you use to determine it.

How are the points
(4, 5) and (-4, 5) related?

Answers

Answer:

The two points (4, 5) and (-4, 5) have the same y-coordinate, which means they lie on a horizontal line. This horizontal line is the x-axis. So, the points are related in that they both lie on the x-axis, with a distance of 8 units between them.

I need the answer pls help

Answers

Answer:

The function is shifted 1 unit to the right and then flipped over the x-axis. So the correct result is:

[tex]y = - f(x - 1)[/tex]

Allan needs to repay a $3000 loan. His bank offers personal loans at 9.5% per year, compounded monthly. Allan can afford to make monthly payments of $100. How long will it take him to repay the loan?

Answers

It will take Allan approximately 38 months (rounded up) to repay the loan with monthly payments of $100 at an interest rate of 9.5% per year, compounded monthly.

What is interest rate?

Interest rate refers to the percentage of the principal amount charged by a lender to a borrower for the use of money over a certain period of time.

According to question:

To calculate the time it takes for Allan to repay the loan, we can use the formula for the present value of an annuity:

PV = PMT x (1 - [tex](1 + r)^-n[/tex]) / r

where:

PV = present value

PMT = monthly payment

r = monthly interest rate (9.5% per year / 12 months = 0.00791667)

n = number of months

Plugging in the given values, we get:

3000 = 100 x (1 - (1 + 0.00791667)[tex]^-n[/tex]) / 0.00791667

Simplifying and solving for n, we get:

n = -ln(1 - (3000 x 0.00791667 / 100)) / ln(1 + 0.00791667)

n = 37.4 months

Therefore, it will take Allan approximately 38 months (rounded up) to repay the loan with monthly payments of $100 at an interest rate of 9.5% per year, compounded monthly.

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The school athletics department is raising money for new gym equipment. To raise $7,200 by spring training, the department decides to sell T-shirts during the fall semester. Based on previous fundraising drives, the expression

10p+560 can be used to gauge how many shirts the department will sell depending on the price of a shirt, p.
What is the lowest shirt price the athletics department can use to raise exactly $7,200 in revenue?

Answers

The expression given, -10p+560, represents the revenue generated by selling T-shirts, based on the price of a shirt, p. To determine the lowest shirt price the athletics department can use to raise exactly $7,200 in revenue, we can set the expression equal to $7,200 and solve for p.

-10p+560 = 7200

Subtracting 560 from both sides:

-10p = 6640

Dividing both sides by -10:

p = -664

This answer does not make sense as a price for a T-shirt. The negative value suggests that the expression does not apply for such a low price. Therefore, we can assume that the athletics department cannot sell T-shirts at such a low price.

To find the lowest possible price for a T-shirt that will raise exactly $7,200, we need to find the value of p that makes the expression equal to 7,200.

-10p+560 = 7200

Subtracting 560 from both sides:

-10p = 6640

Dividing both sides by -10:

p = -664

Again, this answer does not make sense.

Therefore, we need to try a higher price for the T-shirt. Let's try a price of $20 per shirt:

-10(20)+560 = 360

This means that for every T-shirt sold at $20, the revenue generated will be $360.

To find out how many T-shirts need to be sold to raise $7,200, we can set up an equation:

360x = 7200

Dividing both sides by 360:

x = 20

This means that the athletics department will need to sell 20 T-shirts at $20 each to raise exactly $7,200 in revenue.

Can i please get help

Answers

The expression is equivalent  to -4x²-3x-5

Define equation

An equation is a statement of equality between two mathematical expressions that contain variables and mathematical operations. The goal of solving an equation is to determine the value of the variable that make the equation true. For example, in the equation 2x + 5 = 11, the variable x is being multiplied by 2, added to 5, and then compared to the number 11. To solve for x, one must isolate the variable on one side of the equation by performing the same operation on both sides of the equation until the variable is alone on one side. The resulting value of x will make the equation true.

Given expression is:

-4x²+2x-5(1+x)

Solving the expression

-4x²+2x-5-5x

-4x²-3x-5

Hence, the expression is equivalent  to -4x²-3x-5.

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A rectangular paperboard measuring 20in long and 12in wide has a semicircle cut out of it, as shown below. What is the perimeter of the paperboard that remains after the semicircle is removed? (Use the value 3.14 for pi , and do not round your answer. Be sure to include the correct unit in your answer.)

Answers

Answer:

the perimeter of the paperboard that remains after the semicircle is removed is 82.84 inches.

Step-by-step explanation:

The perimeter of the paperboard that remains after the semicircle is removed is equal to the sum of the four sides of the rectangular portion of the paperboard plus half the circumference of the semicircle.

The rectangle has dimensions of length = 20 inches and width = 12 inches. Therefore, the sum of the four sides of the rectangular portion of the paperboard is:

2(20) + 2(12) = 64 inches

The semicircle has a diameter equal to the width of the rectangle, which is 12 inches. Therefore, the radius of the semicircle is half the diameter, or 6 inches. The circumference of a full circle with a radius of 6 inches is:

2 * 3.14 * 6 = 37.68 inches

Half of the circumference of the semicircle is:

(1/2) * 37.68 = 18.84 inches

Therefore, the perimeter of the paperboard that remains after the semicircle is removed is:

64 + 18.84 = 82.84 inches

Thus, the perimeter of the paperboard that remains after the semicircle is removed is 82.84 inches.

Which point on the number line represents ?




B
A
D
C

Answers

Answer:

B = 1/2

A = 1/3

D = 2/3

C = 5/6

Step-by-step explanation:

B = 3/6 = 1/2

A = 2/6 = 1/3

D = 4/6 = 2/3

C = 5/6

On a 8 question multiple-choice test, where each question has 2 answers, what would be the probability of getting at least one question wrong?

Answers

On an 8-question multiple-choice test, where each question has 2 answers,  the probability of getting at least one question wrong is [tex]\frac{1023}{1024}[/tex]

Probability is a way to gauge how likely something is to happen1. It is expressed as a number between 0 and 1, where 0 denotes an impossibility and 1 denotes a certainty for the event.

In an 8-item multiple-choice test with 2 possible answers for each, the likelihood of getting at least one question wrong can be computed as follows:

P(at least one mistake) = 1 - P (none wrong)

P(at least one wrong) [tex]=1-(\frac{1}{2})^{10[/tex]

P(at least one wrong) [tex]=1-\frac{1}{1024}\\\\=\frac{1023}{1024}[/tex]

On an 8-question multiple-choice test, where each question has 2 answers,  the probability of getting at least one question wrong is [tex]\frac{1023}{1024}[/tex]

The complete question is-

On an 8-question multiple-choice test, where each question has 2 answers, what would be the probability of getting at least one question wrong?

Give your answer as a fraction

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I need help with this ( Q7 to Q12 )

Answers

The values of the composite function are (f + g)(x) = 2x² + 3x - 2, (f - g)(x) = -2x² + 3x - 8, (f . g)(x) = 6x³ + 4x² - 15x - 15, (f o g)(x) = 6x² + 4, (g o f)(x) = 18x² - 60x + 53, (f o g)(3) = 58

What are the values of the composite functions

To determine the values of the composite functions, we have to evaluate or simplify each as

7. (f + g)(x) = f(x) + g(x) = (3x - 5) + (2x² + 3) = 2x² + 3x - 2

8. (f - g)(x) = f(x) - g(x) = (3x - 5) - (2x² + 3) = -2x² + 3x - 8

9. (f . g)(x) = f(x) * g(x) = (3x - 5) * (2x² + 3) = 6x³ + 4x² - 15x - 15

10. (f o g)(x) = f(g(x)) = f(2x² + 3) = 3(2x² + 3) - 5 = 6x² + 4

11. (g o f)(x) = g(f(x)) = g(3x - 5) = 2(3x - 5)² + 3 = 18x² - 60x + 53

12. (f o g)(3) = f(g(3)) = f(2(3)² + 3) = f(21) = 3(21) - 5 = 58

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5)
Given:
Prove:
41 and 22 are complementary.
41 = 23
22= 24
23 and 24 are complementary.
2
3
4

Answers

7) ∠1≅∠4 on the basis of opposite angles.

8) ∠1≅∠3 on the basis of opposite angles.

9) ∠5≅∠7 on the basis of opposite angles.

What are the rules guiding opposite angles in geometry?

Opposite angles in geometry are equal in measure. This is known as the "vertical angles theorem." In other words, if two lines intersect, the opposite angles formed by those lines will have the same degree of measurement.

7) since ∠1 = ∠2

and ∠3 = ∠4, then by the rule of the congruence of opposite angles, ∠1≅∠4

8) In the above shape, we can see that ∠1 and ∠3 are a opposite angles, hence, they are both equal or congruent.

9) The logic is the same for ∠5 and ∠7. The are opposites hence they are equal.

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2x = 7, 2Y = 5, then 2 x - y

Answers

The calculated value of the expression 2x - y for the given values of x and y is 9/2.

Evaluating the expression for x and y

We are given that 2x = 7 and 2y = 5, and we are asked to find the value of 2x - y.

This means that

x = 7/2 and y = 5/2

We can start by substituting the given values into the expression:

2x - y = 2(7/2) - (5/2)

Notice that since 2x = 7, then x = 7/2.

Similarly, since 2y = 5, then y = 5/2. Substituting these values into the expression, we get:

2x - y = 2(7/2) - (5/2) = 7 - 5/2 = 9/2

Therefore, the value of 2x - y is 9/2.

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Anyone pls help me do this equation

Answers

Nicky had $73 initially. Since Abby had the same amount, Abby also had $73 initially.

What is polynomials?

Using variables and coefficients, polynomials are algebraic expressions. The term "indeterminates" is sometimes used to describe variables. The terms Poly and Nominal, which together signify "many" and "terms," make up the word polynomial. When exponents, constants, and variables are combined using mathematical operations like addition, subtraction, multiplication, and division, the result is a polynomial (No division operation by a variable). The expression is categorized as a monomial, binomial, or trinomial based on the number of terms it contains.

After Abby spent $37, she had A - 37 dollars left. After Nicky spent $61, she had N - 61 dollars left. We also know that after Abby spent $37, she had 3 times as much money as Nicky. So we can set up an equation:

A - 37 = 3(N - 61)

Substituting A = N from the earlier equation, we get:

N - 37 = 3(N - 61)

Expanding the brackets, we get:

N - 37 = 3N - 183

Simplifying and solving for N, we get:

2N = 146

N = 73

Therefore, Nicky had $73 initially. Since Abby had the same amount, Abby also had $73 initially.

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Which measurement is not equal to one mile

Answers

Answer:

B

Step-by-step explanation:

5280 yards does not equal one mile

Answer

B.5,280

Step-by-step explanation:

Im just smart like that

Consider the equation and the following ordered pairs: (−4,y) and (x,2) . y=−3x−4 Step 1 of 2 : Compute the missing x and y values so that each ordered pair will satisfy the given equation.

Answers

To satisfy the equation y = -3x - 4, we need to substitute the given values of x and y in the equation and check if it holds true.

For the ordered pair (-4, y):

y = -3(-4) - 4

y = 12 - 4

y = 8

So, the ordered pair (-4, 8) satisfies the equation y = -3x - 4.

For the ordered pair (x, 2):

2 = -3x - 4

6 = -3x

x = -2

So, the ordered pair (-2, 2) satisfies the equation y = -3x - 4.

Charlie is playing a boardgame she is rolling two number cubes.

How many outcomes are possible?
Create an outcome chart to prove your answer

Answers

12 outcomes . 1 cube has 6 outcomes so since she is playing with 2 cubes the outcomes doubled

Question 10
According to a study on the effects of smoking by pregnant women on rates of asthma in their
children, for expectant mothers who smoke 20 cigarettes per day, 22.7% of their children
developed asthma by the age of two in the US. A biology professor at a university would like to
test if the percentage is lower in another country. She randomly selects 341 women who only
deliver one child and smoke 20 cigarettes per day during pregnancy in that country and finds that 71 of the children
developed asthma by the age of two. In this hypothesis test,
20 points
the test statistic, z =
and the p-value =
(Round your answers to four decimal places.)
Type numbers in the boxes.
aby Part 1: 10 points
aby Part 2: 10 points

Answers

part1)Rounding to four decimal places, the test statistic is z = -1.7918.  part2) Rounding to four decimal places, the p-value is p = 0.0728.

what is decimal places ?

Decimal places refer to the number of digits to the right of the decimal point in a decimal number. For example, in the decimal number 3.14159, there are 5 decimal places, with the digit 1 being in the first decimal place, the digit 4 being in the second decimal place, and so on.

In the given question,

Part 1:

To calculate the test statistic, we use the formula:

z = (p - P) / √[(P(1-P))/n]

where p is the sample proportion (71/341 = 0.2082), P is the hypothesized proportion (0.227), n is the sample size (341).

z = (0.2082 - 0.227) / √[(0.227 * 0.773)/341]

z = -1.7918

Rounding to four decimal places, the test statistic is z = -1.7918.

Part 2:

To calculate the p-value, we use a standard normal distribution table or a calculator. Since this is a two-tailed test, we calculate the area in both tails of the distribution.

Using a calculator or a standard normal distribution table, we find that the area to the left of z = -1.7918 is 0.0364. Therefore, the area in the right tail is also 0.0364.

Thus, the p-value is 2*0.0364 = 0.0728.

Rounding to four decimal places, the p-value is p = 0.0728.

Therefore, we would fail to reject the null hypothesis at the 0.05 significance level since the p-value is greater than the level of significance. We do not have enough evidence to suggest that the percentage of children who develop asthma by age two for expectant mothers who smoke 20 cigarettes per day during pregnancy is lower in this other country compared to the US.

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As a salesperson at Scrapbooks and Treasures, Alysse receives a monthly base pay plus commission on all that she sells. If she sells $400 worth of merchandise in one month, she is paid $292. If she sells $800 of merchandise in one month, she is paid $384.

Here is the salary function used to represent this situation in terms of the amount of merchandise sold:

s(x) = 0.23x + 200

Find Alysse's salary when she sells $2,200 worth of merchandise.

Answers

Step-by-step explanation:

As a salesperson at Scrapbooks and Treasures, Alysse receives a monthly base pay plus commission on all that she sells. If she sells $400 worth of merchandise in one month, she is paid $292. If she sells $800 of merchandise in one month, she is paid $384.

Here is the salary function used to represent this situation in terms of the amount of merchandise sold:

s(x) = 0.23x + 200

Find Alysse's salary when she sells $2,200 worth of merchandise.

What does 2y plus 5 equal

Answers

Answer:

[tex]-\frac{5}{2}[/tex] or -2.5

Step-by-step explanation:

1) [tex]2y + 5 = 0[/tex]

2) Move 5 over to the other side by subtracting

[tex]2y = -5[/tex]

3) Divide both sides by 2 so y is alone

[tex]y = -\frac{5}{2}[/tex]

Two students are selected at random from a class of 13 males and 6 females. Find the probability that both students are males. (See Example 4. Round your answer to two decimal places.)

Answers

The probability that both students selected are males is 0.46.

Multiplication rule of probability:

The multiplication rule of probability for independent events states that the probability of two or more independent events occurring together is the product of their individual probabilities.

If event A has probability P(A) and event B has probability P(B), and A and B are independent events, then the probability of both A and B occurring  

P(A and B) = P(A) x P(B)

Here we have

There are 13 males and 6 females in the class, for a total of 19 students.

The probability of selecting a male on the first draw is 13/19.

After one male has been selected,

There are 12 males and 6 females left in the class.

The probability of selecting another male on the second draw = 12/18

[ Since there is one less student in the class and one less male]

The probability of selecting two males in a row is the product of the probabilities of each individual event:

P(male and male) = P(male on the first draw) x P(male on the second draw | male on the first draw)

= (13/19) x (12/18)

= 0.456 or approximately 0.46 (rounded to two decimal places).

Therefore,

The probability that both students selected are males is 0.46.

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Complete the proof that the point (3, 7) does or does not lie on the circle with center (-1, 4) and containing the point (-1, 9).

Answers

The point (3, 7) lies on the circle with center (-1, 4) and containing the point (-1, 9).

Describe Distance Formula?

The distance formula is a mathematical formula used to calculate the distance between two points in a two or three-dimensional space. It is derived from the Pythagorean theorem and is given by:

d = √((x2 - x1)² + (y2 - y1)²)

Where d represents the distance between the two points, (x1, y1) and (x2, y2) represent the coordinates of the two points in a two-dimensional space.

To determine if the point (3, 7) lies on the circle with center (-1, 4) and containing the point (-1, 9), we need to calculate the distance between the center of the circle and the point (3, 7), and compare it to the radius of the circle.

Let's first find the radius of the circle. Since the circle contains the point (-1, 9), the distance between the center of the circle and (-1, 9) is equal to the radius. Using the distance formula, we get:

radius = √[(9 - 4)² + (-1 - (-1))²] = √[25] = 5

Now let's find the distance between the center of the circle (-1, 4) and the point (3, 7):

distance = √[(7 - 4)² + (3 - (-1))²] = √[3² + 4²] = 5

We see that the distance between the center of the circle and the point (3, 7) is equal to the radius of the circle. Therefore, the point (3, 7) lies on the circle with center (-1, 4) and containing the point (-1, 9).

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NEED BY 15 mins !!!! Identify the leading coefficient of the polynomial!!!!

Answers

The leading coefficient is -1.

Round 473,615 to the nearest hundred. O A. 473,610 B. 473,000 O c. C. 473,700 D. 473,600 E. 473.100​

Answers

473,615 rounded to the nearest hundred is D. 473,600.

What is number rounding?

Number rounding or approximation is the adjustment of the digits (up or down) to make rough calculations easier.

The result of number rounding is an estimated value rather than a precise one.

Number rounding or approximation are useful when the precise information is not required for decision-making.

473,615 = 473,600

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Equation in vertex form

Answers

Answer:

f(x) = -(x-3)+7

Step-by-step explanation:

help?? would really appreciate it! (i highly dislike being bad at math)

Answers

Step-by-step explanation:

Put both of the equations into   y = mx + b form to compare them

                   m = slope    if they have the same slope they are parallel and do not intersect

                    b = y axis intercept

                  if m and b are equal in each of the equations , they are the same line

2x+y = 0   ======>   y =  - 2x + 0

2y = -4x + 6  ====>   y =  - 2x + 3

The both have the same slope = -2   so they are parallel

   but they have different  b  values so they are not the same lines

No intersection means no solution :   parallel  lines do not intersect  

Graph the piecewise-defined function

Answers

option D is correct answer  As we can see, the graph is a parabola for x <= 0 and an exponential curve for x > 0. The function is continuous, but not differentiable at x = 0

what is exponential curve?

An exponential curve is a mathematical curve that rises or falls at an increasing rate as its values get larger. The curve is defined by an exponential function

In the given question,

To graph this function, we can start by plotting the points for different values of x. Since the function behaves differently for x <= 0 and x > 0, we will plot the points separately for each region.

For x <= 0:

x     g(x)

-2     4

-1     1

0     0

For x > 0:

x          g(x)

0.5     e⁰⁵ = 1.65

1        e = 2.72

2       e²= 7.39

        x <= 0     x > 0

As you can see, the graph is a parabola for x <= 0 and an exponential curve for x > 0. The function is continuous, but not differentiable at x = 0 because the derivative from the left and the derivative from the right do not match.

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In a random sample of 892 college students in the United States, 272 say they skip at least one class per week.
Find the point estimate for the proportion parameter for this population. Write your answer as a decimal rounded to three decimal places.
O 0.305
O 0.695
O 0.272
O 0.50
4

Answers

The point estimate for the proportion parameter for this population is A)0.305.

What is probability?

Probability is a way of calculating how likely something is to happen. It is difficult to provide a complete prediction for many events. Using it, we can only forecast the probability, or likelihood, of an event occurring. The probability might be between 0 and 1, where 0 denotes an impossibility and 1 denotes a certainty.

In a random sample of 892 college students in the United States, 272 say they skip at least one class per week.

From the given information then,

Sample size n = 892

No of favorable outcomes (i.e successes) x=272

We know ,

The point estimate for the population parameter [tex]\hat P[/tex]=x/n.

Where n=sample size , x=number of success.

Here x = 272 ,n=892 then

The point estimate for the proportion parameter for this population then,

=> [tex]\hat p[/tex] = 272/892 = 0.305.

Hence  the point estimate for the proportion parameter for this population is A)0.305.

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