A snow removal service in Minnesota is deciding to purchase a new snow removal machine. If they dont purchase the machine, they will make $20,000 if the winter is mild, 530,000 il it is typical, and $50,000 the winter is severe. If they purchase the machine, their profits for these conditions will be $30,000, 535,000 and $40,000, respectively. The probability of a mild winter is 0.3. a typical winter is 0.5 and a severe winter is 0.2. What is the EMV for no machine? 32000 34500 35000 31000

Answers

Answer 1

The Europay, Mastercard and Visa (EMV) for not purchase the snow removal machine is $31,000.

The expected monetary value (EMV) for not purchasing the snow removal machine is $31,000. This value is calculated by multiplying the probabilities of each winter condition by the corresponding profits and summing them up. The probabilities for a mild winter, typical winter, and severe winter are 0.3, 0.5, and 0.2, respectively.

The profits for each condition without the machine are $20,000, $530,000, and $50,000. By multiplying each profit by its probability and adding them together, we get the EMV of $31,000 for not purchase the machine.

In detail, the EMV is calculated as follows:

EMV = (Probability of Mild Winter * Profit for Mild Winter) + (Probability of Typical Winter * Profit for Typical Winter) + (Probability of Severe Winter * Profit for Severe Winter)

EMV = (0.3 * $20,000) + (0.5 * $530,000) + (0.2 * $50,000)

EMV = $6,000 + $265,000 + $10,000

EMV = $31,000

Therefore, the EMV for not purchasing the snow removal machine is $31,000.

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Related Questions

4*10^(-3x)=18 Express the solution as a logarithm in base-101010.

Answers

Answer:

Hi how are you doing today Jasmine

Answer:

x= -1/3•log10(9/2)

x= -0.218








10. Show how to multiply 4/5 by 1/3 using the rectangular model.

Answers

To multiply 4/5 by 1/3 using the rectangular model, follow the given steps below:

Step 1: Draw a rectangle and divide it into equal parts (columns and rows) based on the denominator of the given fractions. Here, 5 parts in a row (horizontally) and 3 parts in a column (vertically).

Step 2: Shade in the portion of the rectangle that corresponds to 4/5.

Step 3: Shade in the portion of the rectangle that corresponds to 1/3. You can do this by dividing the height into three equal parts and shading the top part of the rectangle.

Step 4: Find the area of the shaded region of the rectangle. The area of the shaded region of the rectangle is the product of the fractions 4/5 and 1/3. In other words, it is the product of the number of shaded squares in both the shaded regions.

Step 5: Simplify the answer. In this case, you should simplify the product 4/5 × 1/3 before finding the answer. The rectangular model of 4/5 by 1/3 is shown below:

Given fractions: 4/5 and 1/3To find: Multiplication of 4/5 and 1/3 using the rectangular model. The rectangular model is one of the methods to find the multiplication of two fractions visually.

By using this method, we can multiply two fractions by drawing a rectangle that is divided into equal parts based on the denominators of the given fractions and shade in the required portions of the rectangle.

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Shoulda let me have you i coulda made you so happy but ion do 2nd chances, forever i wish u happiness PERIODT DOE.


now its time to make bankk

Answers

Period !!!!! Get that bread.

Answer:

periodttt. get out ya bag n make det money up.

Step-by-step explanation:

brainliestt:)?


Center: (-10, -4), Point on Circle: (4, -2)
Use the information given to write an equation of the vircle.

Answers

Answer:

Step-by-step explanation:

Left hand side.

The left hand side is the general equation that includes the center of the circle.

The center is at -10,-4

(x + 10)^2 + (y + 4)^2 = r^2

Finding the radius.

the radius is found from the given point on the circle

Givens

x1 = -10

x2 = 4

y1 = - 4

y2 = - 2

Equation

r^2 = (y2 - y1)^2 + (x2 - x1)

r^2 = (-2 - - 4)^2 + (4 - - 10)^2

r^2 = 2^2 + 14^2

r^2 = 200

Note:

The graph below shows two things: the first is that the center is at -10,-4The second is that the radius is a little more than 14. The equation of a circle always expresses the radius as r^2

Need Help On This Question!

Answers

Answer:

Just multiply the exponents of the numbers

So this is the order from top to below and I'll mark as 1 to 5

2

1

4

5

3

This part has 3 problems of equal weight. Show all the work to get full credit

1. Consider the fixed-point iteration P_k= g(P_k), where g is continuously differentiable on [a, b].

(a) State conditions under which the iteration will converge to the fixed point p € (a, b) for any p_o in that interval.
(b) x= g(x) for g(x)=1/3x²-2/3x+4/3 has two fixed points: 1 and 4. What is the rate of convergence for x_k sufficiently close to each of these two fixed points?

Answers

a) The required conditions are i. g(p) = p for p ∈ [a, b].ii. | g'(p) | < 1 for p ∈ (a, b).

b) |x1 - 1| ≤ a|x0 - 1|² for some a > 0, which implies that the iteration converges quadratically to 1 if x0 is sufficiently close to 1.

1. Consider the fixed-point iteration Pk= g(Pk), where g is continuously differentiable on [a, b].

(a) To converge to the fixed point p ∈ (a, b) for any p0 in that interval, the following conditions are required:

i. g(p) = p for p ∈ [a, b].ii. | g'(p) | < 1 for p ∈ (a, b).

(b) For g(x) = 1/3x²-2/3x+4/3, we have two fixed points: 1 and 4.

Let x be sufficiently close to 1:Then, x₁ = g(x₀) = 1/3x₀²-2/3x₀+4/3.

Since g is twice continuously differentiable on (1, 4), by Taylor’s theorem with the integral form of the remainder, we obtain x₁ - 1 = 1/2g"(c)(x₀ - 1)² ≤ 1/2k(x₀ - 1)², where k = supc∈[1,x] | g"(c) | < ∞.

Therefore, |x₁ - 1| ≤ a|x₀ - 1|² for some a > 0, which implies that the iteration converges quadratically to 1 if x0 is sufficiently close to 1.

Similarly, if x is sufficiently close to 4, the iteration converges quadratically to 4.

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PLSS HELPP Find the equation of the line below. If necessary, use a slash (1) to indicate a
division bar.
(6,1)

Answers

Answer: 3, -2

Step-by-step explanation: Just divide 6,1 i guess

Please help me I only need d. ​

Answers

Answer:

true

Step-by-step explanation:

True, speed increased.

What is a function

Answers

Answer:

In mathematics, a function is a binary relation between two sets that associates to each element of the first set exactly one element of the second set. Typical examples are functions from integers to integers, or from the real numbers to real numbers

Step-by-step explanation:

Tommy is helping his mom at the grocery store. He notices that 5 pounds of potatoes cost $2.25. How much would 7 pounds of potatoes cost?

A. $3.45

B. $0.45

C. $3.15

D. $1.61

Answers

Answer:

Cost of 7 pound potato = $3.15

Step-by-step explanation:

Given:

Cost of 5 pound potato = $2.25

Find:

Cost of 7 pound potato

Computation:

Cost of 1 pound potato = 2.25 / 5

Cost of 1 pound potato = $0.45

Cost of 7 pound potato = 7 x Cost of 1 pound potato

Cost of 7 pound potato = 7 x 0.45

Cost of 7 pound potato = $3.15

not sure what the answer is

Answers

Given:

Base dimensions of a rectangular prism = 15 cm × x cm

The height of the prism = 8 cm

Volume of the prism = 600 cm.

To find:

The value of x.

Solution:

Base area of the prism is:

[tex]B=length\times width[/tex]

[tex]B=15\times x[/tex]

[tex]B=15x[/tex]

Volume of the prism is:

[tex]V=Bh[/tex]

Where, B is the base area and h is the height of the prism.

Putting [tex]V=600,B=15x,h=8[/tex], we get

[tex]600=15x\times 8[/tex]

[tex]600=(8)(15)x[/tex]

[tex]\dfrac{600}{(8)(15)}=x[/tex]

Therefore, the correct option is C.

What is the solution to the equation?
O
a+5=9
a+53 -9
a+52 +53-9-5
a=3
a+
a+53-9
O a+52 +53 - 9+53
-
a+53-9
3
|
a = 14 3
6
2

Answers

Answer:

The format of this equation is wrong

A convex polyhedron has 18 edges and 4 more vertices than faces. How many faces does the polyhedron have?

Answers

Answer:

its 22 a yusd the cauculader on mi iPhone ll pro max luser b an f

Answer:

The polyhedron has 8 faces

Step-by-step explanation:

I got it right on the quiz

edge 2021

Marie's dad drives an SUV that uses 2.5 litres of fuel for every 20 km driven. He drives to work 20 km each way, 5 days a week. How much fuel does he use to get to work every week?

Answers

Answer: 12.5 litres

Step-by-step explanation:

The SUV takes 2.5 litres for every 20 km driven.

The trip to work is 20 km which means that going to work costs Marie's father 2.5 litres every day in fuel.

In a week, there are 5 working days.

The amount of fuel used per week is therefore:

= 2.5 * 5

= 12.5 litres

Which graph represents an equation with the values shown in the table?

Answers

Answer:

4

Step-by-step explanation:

Answer:


4
That’s should be the answer

At a high school soccer league, each team has m players. There are 20 teams in
the league. Write the expression of the total number of players at the league.

Answers

Answer:

20m

Step-by-step explanation:

Given:

Number of players per team = m

Number of teams in the league = 20

The number of players in the league is the product of the number of payers in each team and the number of teams in the league.

This the expression to obtain the total number of players goes thus :

Total number of players in the league = 20 * m

Total Numbr of players in the league = 20m

Let w = { 9:,ber) with the standard operations in M22. Which of the following statements is true? W is not a subspace of Mzxz because it does not contain the zero matrix the above is true The 2x2 identity matrix is in W W is a subspace of M2x2. the above is true None of the mentioned

Answers

The correct statement is : W is a subspace of M2x2.

TO show that W is a subspace of M2x2, we need to verify that it satisfies the three properties of a subspace:

1. W contains the zero matrix:

The zero matrix in M2x2 is the 2x2 matrix with all entries equal  to zero, which is not in W . However , we can see that the matrix {0,0;0,0} can be obtained as the difference between two matrices in W: {9,0;0,0} -{0,ber;0,0} = {0,0;0,0}. So , W does contain the zero matrix.

2. W is closed under addition:

Let A and B be two matrices in W. Then, A ={9,0;0,0} + {0,ber;0,0} and B = {9,0;0,0} + {0,ber;0,0}, which is also in W. Therefore, W is closed under addition.

3. W is closed under scalar multiplication:

Let A be a matrix in W and c be a scalar. Then ,A = {9,0;0,0} + {0,ber;0,0}, and c A = c {9,0;0,0} + c{0,ber;0,0}.

Since {9,0;0,0} and {0,ber;0,0} are both scalar multiples of A, c {9,0;0,0} and c{0,ber;0,0} are also in W . Therefore , W is closed under scalar multiplication.

Since W satisfies all three properties of a subspace, we can conclude that W is a subspace of M2x2.

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When h is 1/2 and j is 1/3,g is 4. If g varies jointly with h and j, what is the value of g when h is 2 and j is 3?

Answers

Answer:

The value of g is  144 when h is 2 and j is 3 .

Step-by-step explanation:

If g varies jointly with h and j.

g = khj

Where k is the constant of proportionality.

Put value in the above

k = 4 × 6

k = 24

As when  h = 2 , j = 3 and k = 24 .

Put in the above

g = 2 × 3 × 24

g = 144

Therefore the value of g is 144 when h is 2 and j is 3 .

Select the proposition that is a tautology. a. (p ^ q) → p b.(p ∨ q) → p с. (р ^ q) → р d. (p ^ q) → p

Answers

The proposition that is a tautology is d. (p ^ q) → p. In a tautology, the truth value of the proposition is always true, regardless of the truth values of its individual components.

To determine if a proposition is a tautology, we can construct a truth table and evaluate all possible combinations of truth values for its variables.

For option d, (p ^ q) → p, we have the following truth table:

p q (p ^ q) (p ^ q) → p

T T T T

T F F T

F T F T

F F F T

The proposition that is a tautology is d. (p ^ q) → p.

In a tautology, the truth value of the proposition is always true, regardless of the truth values of its individual components. To determine if a proposition is a tautology, we can construct a truth table and evaluate all possible combinations of truth values for its variables.

For option d, (p ^ q) → p, we have the following truth table:

p q (p ^ q) (p ^ q) → p

T T T T

T F F T

F T F T

F F F T

As we can see, regardless of the truth values of p and q, the proposition (p ^ q) → p always evaluates to true. Therefore, option d is a tautology.

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A group of researchers is designing an experiment to test whether working late at night reduces a person's productivity. The researchers selected a sample of 60 adults, and over the next month, 30 of them will complete assigned tasks late at night whereas the remaining 30 will complete the same tasks during the afternoon. At the end of the month, the researchers will compare the average amount of time it takes each group to complete the tasks. Why is it important that the researchers use randomization to assign each of the adults to a group

Answers

Answer: Randomization prevents the researchers from specifically assigning all adults who regularly stay up late to complete assigned tasks late at night.

-Randomization ensures each group will be similar in everything except the time of day they are assigned to work.

-Randomization prevents the adults from selecting their own group.

Step-by-step explanation:

The options include:

a. Randomization ensures each group will be similar in everything except the time of day they are assigned to work.

b. Randomization prevents the adults from selecting their own group.

c. Randomization eliminates lurking variable from the experiment.

d. Randomization prevents the researchers from specifically assigning all adults who regularly stay up late to complete assigned tasks late at night.

e. Randomization ensures that there'll be an equal number of adults in each group.

Randomization refers to a method that is based on chance alone whereby the participants in a particular study are assigned to treatment group. Based on the information given, it us important that the researchers use randomization to assign each of the adults to a group because:

• Randomization ensures each group will be similar in everything except the time of day they are assigned to work.

• Randomization prevents the researchers from specifically assigning all adults who regularly stay up late to complete assigned tasks late at night.

• Randomization prevents the adults from selecting their own group.

PLEASE HELP I HAVE TO TURN THIS IN IN 1 HOUR!

A round clock on a classroom wall has a diameter of 12 inches. What is the approximate area of the clock?
A. 38 square inches
B. 113 square inches
C. 226 square inches
D. 452 square inches

NO SPAMMING OR LINKS THEY WILL BE REPORTED!

Answers

A. 38
A=pi x d
Hope it helps

HELP!!! 100 POINTS!!! Find the total surface area of a cylinder with a height of 7 cm and radius of 3 cm. Leave your answer in terms of π.
140π cm2
91π cm2
60π cm2
51π cm2
Just put the answer below for brainly.

Answers

The surface area of the cylinder is 60π cm².

What is the surface area of a cylinder?

The surface area of a cylinder indicates the total area of two plane surfaces (bases) and one curved surface.

If a cylinder has a radius of r cm and height of h cm, then the total surface area of the cylinder = 2πr(r + h)

Given, r = 3 cm and h = 7 cm.

Therefore, the total surface area of the cylinder

= 2πr(r + h)

= 2π × 3(3 + 7) cm²

= 2π × 3 × 10 cm²

= 60π cm²

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Answer:

C. 60π cm2

Step-by-step explanation:

What is the rate of change of the function described in
the table?
A. 12/5

B. 5

C. 25/2

D. 25

Answers

Answer:

B. 5

Step-by-step explanation:

This table does not describe a linear relationship. This is because the table does not have a constant rate of change; between the first two points, the function changes by

(1/2 - 1/10)/(0--1) = (5/10 - 1/10)/(1) = 5/10 - 1/10 = 4/10 = 2/5

Between the second two points, the function changes by

(5/2-1/2)/(1-0) = (4/2)/1 = 4/2 = 2

Comparing the first two y-coordinates, we have 1/10 and 1/2 = 5/10. This is the result of multiplication by 5.

Comparing the second two y-coordinates, we have 1/2 and 5/2. This is the result of multiplication by 5.

Comparing the rest of the y-coordinates, we can see that each time, the y-coordinate is multiplied by 5. This means the rate of change is 5.

Under her cell phone plan, Lily pays a flat cost of $40 per month and $4 per gigabyte.
She wants to keep her bill under $60 per month. Write and solve an inequality which
can be used to determine x, the number of gigabytes Lily can use while staying within
her budget.

Answers

Answer:

16

Step-by-step explanation:

60-44

The inequality is $40 + 4x < $60 and she has to spend 5 gigabytes to stay within her budget

Note that:  

> means greater than

< means less than

≥ means greater than or equal to  

≤ less than or equal to  

The total amount Lily has to spend has to be less than $60

The total amount she can spend can be represented with this equation

Flat cost + variable cost < $60

Flat cost = $40

Variable cost = cost per gigabyte x gigabyte

$4 × x = $4x

$40 + 4x < $60

To solve for x, combine similar terms

$4x < $60 - $40

$4x < $20

x < 5

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Miguel wants to estimate the average price of a book at a bookstore. The bookstore has 13,000 titles, but Miguel only needs a sample of 200 books. How could Miguel collect a sample of books that is:

cluster sample?

multistage sample?

oversamples?

Answers

To best collect a sample of books from the 13,000 titles at the bookstore, Miguel should use a cluster sampling method.

What is the best sampling method?

The best sampling method Miguel should use is a cluster sample.

A cluster sample involves dividing the population into clusters or groups and randomly selecting entire clusters to include in the sample.

In this situation, Miguel could divide the bookstore's titles into clusters, such as by genre or shelf location, and randomly select clusters to sample books from.

his method would help ensure representation from different areas of the bookstore and provide a diverse sample of books.

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The heights of adults who identify as men in the U.S. are normally distributed, with a mean of 69.2 inches and a standard deviation of 2.63 inches. The heights of adults who identify as women in the U.S. are also normally distributed, but with a mean of 64.6 inches and a standard deviation of 2.53 inches.

a) If a person who identifies as a man is 6 feet 3 inches tall, what is his z-score (to two decimal places)?

z =

b) If a person who identifies as a woman is 5 feet 11 inches tall, what is her z-score (to two decimal places)?

z =

Answers

(a) If a person who identifies as a man is 6 feet 3 inches tall, his z-score will be 2.96.

(b) If a person who identifies as a woman is 5 feet 11 inches tall, her z-score will be 2.17.

(a) To find the z-score, if a person who identifies as a man is 6 feet 3 inches tall.

Explanation: First, convert 6 feet 3 inches to inches.

6 feet 3 inches = (6 x 12) + 3 inches

= 72 + 3 inches

= 75 inches

The formula for calculating the z-score is: z = (x - μ) / σ, where x is the given value, μ is the mean, and σ is the standard deviation.

Substitute the given values in the above formula.

z = (75 - 69.2) / 2.63

= 2.21 / 2.63

= 0.8382

≈ 2.96 (to two decimal places)

(b) To find the z-score, if a person who identifies as a woman is 5 feet 11 inches tall..

Explanation: First, convert 5 feet 11 inches to inches.

5 feet 11 inches = (5 x 12) + 11 inches

= 60 + 11 inches

= 71 inches

The formula for calculating the z-score is: z = (x - μ) / σ, where x is the given value, μ is the mean, and σ is the standard deviation.

Substitute the given values in the above formula.

z = (71 - 64.6) / 2.53

= 6.4 / 2.53

= 2.5336

≈ 2.17 (to two decimal places)

Therefore, the z-score for the given heights of men and women in the US are 2.96 and 2.17 respectively.

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Container holds 5 red balls, 3 yellow balls and 2 blue balls. A ball is randomly drawn from the container. If the ball is red or blue, it is kept outside the box and a second ball is drawn from the box. If the ball is yellow, it is replaced into the box and a second ball is drawn. Determine the probability that the second ball drawn is yellow.

Answers

The probability that the second ball drawn is yellow is 4/9. This is determined by considering the initial probabilities and applying the law of total probability.

Initially, there are a total of 10 balls in the container: 5 red, 3 yellow, and 2 blue. The probability of drawing a yellow ball on the first draw is P(yellow) = 3/10. In this case, the yellow ball is replaced back into the container, so the number of yellow balls remains the same.

If the first ball drawn is not yellow, it means a red or blue ball was drawn. These balls are kept outside the container, so they are not available for the second draw. Now, there are 7 balls remaining in the container: 2 yellow and 5 red (initially there were 5 red and 2 blue, but we only consider the red balls since the blue balls are not relevant for the second draw). The probability of drawing a yellow ball on the second draw, given that the first ball was red or blue, is P(yellow | red or blue) = 2/7.

To find the overall probability that the second ball drawn is yellow, we need to consider the probabilities of the different scenarios and their corresponding probabilities. Since the first ball can either be yellow or not yellow, we can use the law of total probability:

P(second ball is yellow) = P(yellow) * P(yellow on second draw | yellow) + P(not yellow) * P(yellow on second draw | not yellow)

P(second ball is yellow) = (3/10) * (2/10) + (7/10) * (2/7) = 4/9

Therefore, the probability that the second ball drawn is yellow is 4/9.

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Please help! I need the right answer as soon as possible! PLEASE!

Answers

Answer:

Volume of the figure = 68 in.³

Step-by-step explanation:

The figure is composed of a rectangular prism and 2 equal triangular prism

Volume of the figure = volume of rectangular prism + 2(volume of triangular prism)

✔️Volume of triangular prism = L*W*H

L = 14 in.

W = 2 in.

H = 2 in.

Volume = 14*2*2 = 56 in.³

✔️Volume of triangular prism = ½*a*c*h

a = 3 in.

c = 2 in.

h = 2 in.

Volume = ½*3*2*2 = 6 in.³

✅Volume go the figure = 56 + 2(6) = 56 + 12

Volume of the figure = 68 in.³

use the linspace and plot commands in matlab to generate a figure containing the curves y=1.5sin(x) and y=x between x=0 and x=2.5

Answers

To generate a figure containing the curves y = 1.5*sin(x) and y = x in MATLAB using the linspace and plot commands, you can follow the steps below:

matlab

% Set the range of x values

x = linspace(0, 2.5, 100);

% Calculate y values for each curve

y1 = 1.5*sin(x);

y2 = x;

% Plot the curves

plot(x, y1, 'b', x, y2, 'r')

% Add labels and title

xlabel('x')

ylabel('y')

title('Curves: y = 1.5*sin(x) and y = x')

% Add a legend

legend('y = 1.5*sin(x)', 'y = x')

% Display the grid

grid on

In this code, we use linspace to create a range of x values from 0 to 2.5 with 100 points. Then, we calculate the corresponding y values for each curve using the equations y1 = 1.5*sin(x) and y2 = x. We use the plot command to plot the curves, with 'b' and 'r' specifying the colors of the curves. Next, we add labels, title, and a legend to the graph. Finally, we display the grid.

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ASAP. If a central angle has a measure of 100 degrees, determine the approximate length of the arc created by the two radii measuring 4 inches. Convert your answer to radians. Round your answer to two decimal places.

Answers

Answer:

234.9 million km

Step-by-step explanation:

The central angle is a quarter of a circle: 360° / 4 = 90°. Use the central angle calculator to find arc length. You can try the final calculation yourself by rearranging the formula as: L = θ * r. Then convert the central angle into radians: 90° = 1.57 rad, and solve the equation: L = 1.57 * 149.6 million km. L = 234.9 million km.

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