A woman can earn Php 50,000 in one year with a probability of 0.35 or lose Php 15,000 over the same period with a probability of 0.65 by investing in the stocks of certain company. Compute her expected earnings from this investment.

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Q: An investor invests in a security with an 80% chance of earning Php60,000 and a 20% chance of losing…

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Q: If one of the pedestrian deaths is randomly selected, find the probability that the driver was not…

A: Solution: The given data is

Q: If one of the pedestrian deaths is randomly selected, find the probability that the driver was not…

A: Given that Total number of pedestrian deaths = 989 Number of deaths with driver was not intoxicated…

Q: The wait time for your local pizzeria to deliver food is normally distributed with µ = 35 minutes…

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Q: The probability of flu symptoms for a person not receiving any treatment is 0.03. In a clinical…

A: Define the random variable X follows Binomial distribution with n=1152 and p=0.03 Here, the sample…

Q: A manufacturing machine has a 5% defect rate. If 9 items are chosen at random, what is the…

A: Given:  5% defect rate. If 9 items are chosen at random

Q: According to Alex Danteh it costs GHS2 to buy a ticket in a rafle to win a new luxury automobile…

A: According to the given information, Cost of new luxury automobile = GHS 55,000 Number of raffle…

Q: A recent survey of 1050 U.S. adults selected at random showed that 625 consider the occupation of…

A: Out of 1050 randomly selected US adults, 625 consider the occupation of firefighter to to have very…

Q: In a given venture, one can make a profit of PHP 300 or a loss of PHP 100. If the probability of…

A: Let X be the random variable that represents the person's gain in a year in PHP. Here, the…

Q: According to government data, 74% of employed women have never been married. Rounding to 4 decimal…

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Q: If one of the pedestrian deaths is randomly selected, find the probability that the pedestrian was…

A: Here complete the contingency table and answer the question using basic rule of probability

Q: According to a recent survey, 5 out of 60 people who purchase pet insurance are women. If 7 pet…

A: According to a recent survey, 5 out of 60 people who purchase pet insurance are women. If 7 pet…

Q: If a household in this district is selected at random, what is the probability that its income is at…

A: 1) f a household in this district is selected at random, what is the probability that its income is…

Q: If one of the pedestrian deaths is randomly selected, find the probability that the pedestrian was…

A: It is given that Number of pedestrian who are not intoxicated = 651 Total = 979

Q: A die is rolled four times. What is the probability of obtaining only even numbers given that the…

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Q: The probability of illness depends on the preventive healthcare investments made till that period…

A: The illness depends on the preventive healthcare investments made till that period. It also depends…

Q: Louis is paid Php 20.00 whenever the results of tossing two coins are both heads but pays Php 10.00…

A: When a coin is tossed then there are 2 possible outcomes: Head and tail. Let us denote H=head T=tail…

Q: A nervous kicker usually makes 64% of his first field goal attempts. If he makes his first attempt,…

A: Given that the probability of making the first kick is= 64% =0.64 When he made the first kick then…

Q: If the probability that your DVD player breaks down before the extended warranty expires is 0.046​,…

A: Let 'E' be the event representing that the DVD player breaks down before the extended warranty…

Q: One prominent physician claims that 70% of those with lung cancer are chain smokers. If his…

A: Given: Probability that patients with lung cancer are chain smokers, =0.70

Q: An office receives 20 faxed orders every two hours. What is the probability that an order will be…

A: The office receives 20 fax orders every two hours, therefore: The average number of fax every minute…

Q: A college foundation raises funds by selling raffle tickets for a new car worth $45,0 tickets are…

A: This is a problem of expectation, and theoretical distribution.

Q: A line segment of length 1 is cut once at random. What is the probability that the longer piece is…

A: It is given that a line segment of length 1 is cut at random. The process fits a uniform random…

Q: A café receives an average of 4 orders of pizza in every 1 minutes. What is the probability of…

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Q: The mosquitos are out in your back yard, and they bite you at random times. Each bite happens…

A: The average time between bites is 1.417 minutes. Each bite happens independently of the last bite.

Q: At the beginning of the week a forecaster estimated the probability of having rain on Tuesday as 0.5…

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Q: A recent survey of 1010 U.S. adults selected at random showed that 685 consider the occupation of…

A: We have to find given probability that a U.S. adult selected at random thinks the occupation of…

Q: A sample of 400 adults were surveyed on their health. 78 of those studied have high blood pressure,…

A: Solution: Given that : Total people = 400No of people that are unwilling to change diet = 94

Q: A recent survey of 1070 U.S. adults selected at random showed that 661 consider the occupation of…

A: Probability:   The ratio of the number of favorable outcomes to certain event and total number of…

Q: According to a recent survey, 38% of Americans get enough sleep each night. If 8 people are…

A: Given p=38%=0.38 and n=8. Let X be the number of Americans who get enough sleep each night. Here, X…

Q: . If more than 40 show up for the flight, then the extra passengers will be compensated Php 10,000…

A: An airline studied the data from their passenger records and noted that their customers turn up only…

Q: Suppose a jar contains 18 red marbles and 36 blue marbles. If you reach in the jar and pull out 2…

A: From the provided information, A jar contains 18 red marbles and 36 blue marbles. Total marbles = 18…

Q: an observer counts 360 vehicles per hour at a highway, estimate the probability of having more than…

A: The arrival rate is 360 per hour. The mean arrival time is 36060=6 vehicles per minute Also 660=0.1…

Q: The probability that Brenda, who cycles to work every day, will arrive late is 0.15. What is the…

A: Binomial Distribution: If we have n trials each having two outcomes, say Success and Failure, trials…

Q: By investing in a stock, Mark can make a profit in one year of 5,000 with a probability of 0.3 or…

A: By investing in a stock, Mark can make a profit in one year of 5,000 with a probability of 0.3 or…

Q: In a certain region of the country it is known from (last, experience that the: probability of…

A: Let A1: A person has cancer A2: A person does not have cancer hence, from the given information…

Q: In order to stay alert at work, an employee set a timer to go off randomly sometime within 40…

A: We have find givan probability...

Q: If the probability of seeing a ship from the beach in 1 hour is 0.40, what is the probability of…

A: Note: Hi there! Thank you for posting the question. As there are multiple different questions,…

Q: DETERMINE THE PROBABILITY THAT HE WOULD HAVE TO WAIT FOR APPROXIMATELY LESS THAN 8 MINUTES.

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Q: Find the probability of 4 coins falling all tails of when tossed simultaneously Answer should be…

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Q: Assume that 2% of the Brazilian population had dengue fever and that a test correctly identified the…

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Q: A nervous kicker usually makes 69% of his first field goal attempts. If he makes his first attempt,…

A: From the provided information, A nervous kicker usually makes 69% of his first goal attempts. The…

Q: The mosquitos are out in your back yard, and they bite you at random times. Each bite happens…

A: We have to find given probability.

Q: The probability that a patient recovers from a delicate heart operation is 0.9. What is the…

A: Let X be the random variable from binomial distribution with probability (p) = 0.9 and sample size…

Q: A recent survey of 1090 U.S. adults selected at random showed that 689 consider the occupation of…

A: If there are n mutually exclusive, exhaustive and equally likely outcomes of a random experiment and…

Q: A railroad between Fairbanks and the Brooks Range in Alaska will have a most likely construction…

A: From the given data: Condition X (cost) P(X) Less permafrost 932699*0.75=699524.25 0.2 Stable…

Q: If the probability of an event not occurring is 0.55, what is the probability the event will occur?…

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Q: By investing in a particular stock, a person can make a profit in one year of $4000 with probability…

A: Let x denotes the person's profit when invested in particular stock. The probability distribution…