Assume that the pond contains 90 fish: 60 yellow, 29 red, and 1 green. A contestant pays $0.65 to randomly catch one fish and receives $0.25 if the fish is yellow, $0.80 if the fish is red, and $12.00 if the fish is green. How much (on average) does the carnival gain on each play? (If the carnival looses money, enter a negative dollar amount)
Assume that the pond contains 90 fish: 60 yellow, 29 red, and 1 green. A contestant pays $0.65 to randomly catch one fish and receives $0.25 if the fish is yellow, $0.80 if the fish is red, and $12.00 if the fish is green. How much (on average) does the carnival gain on each play? (If the carnival looses money, enter a negative dollar amount)
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter5: Orthogonality
Section5.3: The Gram-schmidt Process And The Qr Factorization
Problem 4BEXP
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Rework problem 22 from section 4.3 of your text, involving a carnival fishpond. Assume that the pond contains 90 fish: 60 yellow, 29 red, and 1 green. A contestant pays $0.65 to randomly catch one fish and receives $0.25 if the fish is yellow, $0.80 if the fish is red, and $12.00 if the fish is green.
How much (on average) does the carnival gain on each play? (If the carnival looses money, enter a negative dollar amount)
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