Question

Crafting Cost Problem a herb cost $25, by turning it into pigment yield the following probability:...

Crafting Cost Problem

a herb cost $25, by turning it into pigment yield the following probability:

100% chance of getting: 2 x Pigment A

25% chance of getting bonus: 1x Pigment B

now i wanna know the crafting cost of pigment A and B

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

We know that

Given Cost of her = $25

Let x1= 2xPigment A

Therefore x1= 2x25

x1= 50

Given P(x1) = 100% = 100/100 = 1

Let x2 = 1xPIgment B

i.e x2 = 1x25

Therefore x2 = 25

Given P(x2) = 25% = 25/100 = 0.25

Now Crafting Cost of PIgments A and B is

Therefore Crafting Cost of PIgments A and B is $56.25

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Problem 6-25 Suppose you purchase a 30-year, zero-coupon bond with a yield to maturity of 6%....
Problem 6-25 Suppose you purchase a 30-year, zero-coupon bond with a yield to maturity of 6%. You hold the bond for five years before selling it. Note: assume $100 face value. a. If the bond’s yield to maturity is 6% when you sell it, what is the annualized rate of return of your investment? b. If the bond’s yield to maturity is 7% when you sell it, what is the annualized rate of return of your investment? c. If the...
For problem 1, to compute probabilities, the probability of event 1 AND event 2 is obtained...
For problem 1, to compute probabilities, the probability of event 1 AND event 2 is obtained by multiplying the two probabilities together, whereas the probability of event 1 OR event 2 is obtained by adding the two probabilities. 1. Duchenne muscular dystrophy (DMD) is a condition that causes muscle degeneration and then death. Most people with the condition are wheelchair-bound by age 12 and dead before age 30. The condition is due to a mutation in the gene for a...
(A, B, & C ) Given the following table: Probability X Y 30% 25% 30% 50%...
(A, B, & C ) Given the following table: Probability X Y 30% 25% 30% 50% 15% 18% 20% 30% 20% Calculate A) the covariance of X and Y, and b&C) the next question. Select one: a. 18% b. 38% c. 74% d. 25% e. 22% 2. 2. (A, B, & C) Given the following table: Probability X Y 30% 25% 30% 50% 15% 18% 20% 30% 20% Calculate B) the correlation coefficient, C) the next question. Select one: a....
For problem 1, to compute probabilities, the probability of event 1 AND event 2 is obtained...
For problem 1, to compute probabilities, the probability of event 1 AND event 2 is obtained by multiplying the two probabilities together, whereas the probability of event 1 OR event 2 is obtained by adding the two probabilities. 1.   Duchenne muscular dystrophy (DMD) is a condition that causes muscle degeneration and then death. Most people with the condition are wheelchair-bound by age 12 and dead before age 30.      The condition is due to a mutation in the gene for...
For problem 1, to compute probabilities, the probability of event 1 AND event 2 is obtained...
For problem 1, to compute probabilities, the probability of event 1 AND event 2 is obtained by multiplying the two probabilities together, whereas the probability of event 1 OR event 2 is obtained by adding the two probabilities. 1.​Duchenne muscular dystrophy (DMD) is a condition that causes muscle degeneration and then death. Most people with the condition are wheelchair-bound by age 12 and dead before age 30. ​The condition is due to a mutation in the gene for a protein,...
CRYPTOGRAPHY PROBABILITY DISTRIBUTION Bad Shuffles Consider the following card shuffling algorithm. There are three cards in...
CRYPTOGRAPHY PROBABILITY DISTRIBUTION Bad Shuffles Consider the following card shuffling algorithm. There are three cards in the deck and they are each represented by an element in {X, Y, Z}. [Bonus marks if you use the deck {W, X, Y, Z}] Algorithm Shuffle --------------------------------------------------- deck := [X,Y,Z] for i from 0 to 2 do j := RANDOM(i) swap values of deck[i] and deck[j] end for return deck --------------------------------------------------- For each of the following definitions of RANDOM(i), compute the probability distribution...
Consider the following information: Rate of Return If State Occurs State of Probability of Economy State...
Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Recession 0.16 0.05 − 0.16 Normal 0.62 0.08 0.13 Boom 0.22 0.13 0.30 Calculate the expected return for the two stocks. (Round your answers to 2 decimal places. (e.g., 32.16)) Expected return Stock A % Stock B % Calculate the standard deviation for the two stocks. I know that Expected Return for Stock A is 8.62% , Expected...
Problem IX: Two identical rms (identical cost functions) operate on a market. For each of the...
Problem IX: Two identical rms (identical cost functions) operate on a market. For each of the following market demand curves and cost curves determine the Bertrand, Cournot, and Stackelberg outcomes (prices, quantities, and profits - for each firm, and at the market level). Also determine the collusive outcome (assuming the two firms form a cartel). Compare the outcomes. a) P = 200 - 2Q, TC = 50 + 10Q (PB = 10;PC = 73:33;PS = 57:5;PM = 105) b) P...
2. The following table shows the one-year return distribution of Startup, Inc. Calculate     a. The...
2. The following table shows the one-year return distribution of Startup, Inc. Calculate     a. The expected return.     b. The standard deviation of the return Probability 40% 20% 20% 10% 10% Return -100% -75% -50% -25% 1000% Expected (Mean) Return Expected Return = E[R] = ΣR PR X R E[RStartup Inc] = 40% (-100%) + 20% (-75%) + 20% (-50%) + 10% (-25%) + 10% (1000%) = 6.5% The standard deviation of the return Var(R) = E[(R – E[R]2]...
C++ Please and thank you. I will upvote Read the following problem, and answer questions. #include<iostream>...
C++ Please and thank you. I will upvote Read the following problem, and answer questions. #include<iostream> using namespace std; void shownumbers(int, int); int main() { int x, y; cout << "Enter first number : "; cin >> x; cout << "Enter second number : "; cin >> y; shownumbers(x, y); return 0; } void shownumbers(int a, int b) { bool flag; for (int i = a + 1; i <= b; i++) { flag = false; for (int j =...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT