You have been entered in a free game where you try to guess the roll of a six-sided die. you will win $50.00 if you guess right. what is your expected payoff value? round to the nearest cent.

Answers

Answer 1
in calculating an expected payoff value, we need to compare botht he cost of investment and the projected  earning that we got from that investmet.

In this case the cost of investment is 0 because it's a free game.

Therefore, your expected payoff value would be:

1/6 (percentage of guessing the number correctly) x  $50.00

= $ 8 and 33 cents.

Related Questions

Guiding, teaching, and supervising employees are activities associated with:

Answers

Guiding, teaching, and supervising employees are activities associated with leading.
If a person is guiding someone or a group of people, he acts as a leader so that is why it is associated with leading. Similar is the case with teaching and supervising employees, a person acts as a leader for other.

Sabrina decided to start selling lemonade on her street. the other kids in the neighborhood noticed that sabrina was making a lot of money selling lemonade. these kids decided to open their own lemonade stand. when they opened their own lemonade stand, the equilibrium price ________ and the equilibrium quantity ________

Answers

Decreased, increased

Which of these is a worker who is NOT covered by the OSH Act?

Answers

Answer:

These are the workers or employees which are not covered by OSHA Act:

Self-employed people or workers,The family farms which do not cover the criteria set by the institution(OSHA).The local government and state employees of those companies which are not registered with the OSHA.

Explanation:

OSH(Occupational safety and health):

The OSH Act is basically embodied to provide the basic facilities to all the workers associated with the projects that that are registered OSHA(Occupational Safety and Health Administration).

While the OSH Act does covers mostly the employees of the private sector. But, it does have some exemptions to that as it does not cover most of the employees due to there employer being unregistered with the institution.

Jodi just described how best buy's new program required a very different way of defining work. because the hours are no longer imposed by the organization but are rather left up to the individual, best buy will need individuals with certain skills like time management and the ability to work independently. where would best buy include these requirements?

Answers

The requirements for best buy workers to have good time management skills and the ability to work independently should be included in their job descriptions. Including these requirements on job posting descriptions will make potential applicants aware of these requirements before they apply.

Rolston corporation is comparing two different capital structures, an all-equity plan (plan i) and a levered plan (plan ii). under plan i, rolston would have 190,000 shares of stock outstanding. under plan ii, there would be 140,000 shares of stock outstanding and $2.00 million in debt outstanding. the interest rate on the debt is 8 percent and there are no taxes.
a. if ebit is $625,000, what is the eps for each pla

Answers

Texan leader who defeated Santa Anna at the Battle of San Jacinto

What type of graphic illustrates changes in data over time?

Answers

It is the Bar chart. Bar charts are helpful for looking at related things, delineating changes in information after some time, and demonstrating portions as a major aspect of an entirety. A reference chart indicates correlations among discrete classes. One hub of the outline demonstrates the particular classifications being analyzed, and alternate pivot speaks to a deliberate esteem. Some visual charts exhibit bars bunched in gatherings of more than one, demonstrating the estimations of more than one quantified variable.

A company's ability to productively utilize its assets relative to its revenue and its profits is referred to as

Answers

The answer is efficiency. Efficiency is a way of having to be efficient or having to be more organized and timely in which can be describe to a company that has the ability of utilizing their assets to its relative revenue.

The bank discounts an $8,750 non-interest-bearing simple discount note at 6% for 60 days. what is the discounted amount?

Answers

The discounted amount can be determine by subtracting the discount from the base price. The discount can be calculated through the equation,

     D = B x d

where D is discount, B is the base price, and d is the discount rate. Substituting the known values from the given,

   D = ($8,750)(0.06)
    D = $525

Using the concept presented above,
     P = $8,750 - $525 = $8,225

ANSWER: $8,225

What is business etiquette

Answers

Business etiquette consists of the accepted standards of behavior in a professional setting, which covers aspects like communication, appearance, time management, and greeting methods. It is crucial for making a good first impression and includes specific considerations for email and texting. Professionalism should be maintained across all forms of interaction to foster successful business relationships.

Business etiquette refers to the standard behaviors and expectations that govern interactions within the professional environment. These unwritten rules of conduct can include a wide range of practices, such as effective communication, dressing appropriately, time management, and the proper way to greet colleagues and clients. Creating a good first impression, email etiquette, and maintaining a degree of professionalism in all forms of business communication are paramount to a successful working relationship and career advancement.

Email etiquette is especially critical as most business communications are conducted over email. The rules for email each carry a specific purpose, such as using a clear subject line, being concise, avoiding the use of slang or overly casual language, and remembering to use a professional greeting and signature. It is essential not to let your standards slip, even when communicating with those who may not be as meticulous.

Similarly, in the realm of business texting or netiquette, maintaining professionalism is equally important. Text messages in a business context should be purposeful, brief, and devoid of emoticons or informal shorthand that could be misconstrued or deemed unprofessional. Guidelines for business etiquette extend beyond digital communication, encompassing all aspects of interpersonal interactions as well, such as handshakes, body language, and personal space.

Yoonsuh, the chief technology officer at namkoong appliances, is in the process of identifying the results she wants her company to achieve next year. she knows where she wants her company to reach and also has an idea of how far off the desired mark the company will be along the way. she is most likely in the process of:

Answers

Yooshuh is in the process of strategic planning. She is developing the companies short term goals, those things that she believes can be reached within the next year as well as identifying the milestone dates to which she thinks these can be achieved.

Project managers are ultimately responsible for quality management on their projects.
a. True
b. False

Answers

A. true

unless you have quality control, present in bigger corperations

The act of supervising all activities and tasks required to maintain a desired level of excellence is known as quality management. The Project managers are ultimately responsible for quality management on their projects. Thus, the statement is true.

What is quality management?

Quality management entails developing a quality policy, developing and implementing quality planning and assurance, as well as quality control and quality improvement. It ensures that an organisation, product, or service operates consistently well. It is made up of four major parts: quality planning, quality assurance, quality control, and quality improvement. Quality management is concerned not only with the quality of products and services, but also with the methods for achieving it.

In general, the project manager is in charge of the entire quality management process. Some projects may also require a quality assurance person or quality experts to play specific roles.

Therefore, quality management is the responsibility of the project manager.

To learn more about quality management, click here:

https://brainly.com/question/28474056

#SPJ5

A bag contains 10 marbles: 6 are green, 2 are red, and 2 are blue. Frank chooses a marble at random, and without putting it back, chooses another one at random. What is the probability that the first marble is green and the second is red? Write your answer as a fraction in simplest form.

Answers

for the green it would be 6/10 and the red 2/10
You have to do a tree diagram I can't show u but all I can tell u is u have to add all the marbles together to make 20 and the first part to the question is 6/20 but u have to take away 2/20 overall the answer could be 3/20 averaging it but this is estimated so u have to draw a tree diagram to make sure it's correct

Glenn and mary's house was damaged by a hurricane in 2017. the fair value of their home before the hurricane was $150,000. after the hurricane, the fair value of their home was $125,000. they received $10,000 from their homeowners' insurance policy. what is their casualty loss deduction for 2017, if their adjusted gross income was $40,000?

Answers

A casualty loss is measured as the difference between the fair value of an affected asset before the loss and the fair value after the loss, indicating a total casualty loss of $150,000 - $125,000 or $25,000. This is reduced by insurance proceeds of $10,000, resulting in a net casualty loss of $15,000. Each casualty loss is reduced by $100 to determine the deductible amount, which would be $14,900. The itemized deduction will be the total of all casualty losses reduced by 10% of AGI, or $4,000, giving an itemized deduction for casualty losses of $10,900.

Martin and jennifer are both interested in learning more about a company's cash. martin wants to know what the company's cash balance was at the end of their fiscal year. jennifer wants to know how the company gained and used cash over the past accounting period. which financial documents should they look at?

Answers

Martin should look at the company balance sheet as of the end the last accounting period to see the cash balance on the last day of the accounting period. Jennifer should look at the company cash flow statement as of the end of the last accounting period to see the sources and uses of cash during the accounting period.

You are the chief financial officer of davidson industries. on multiple occasions, you have engaged in insider trading but have never been able to earn any abnormal returns. which form of market efficiency most likely exists given your situation?

Answers

In the scenario given above, the most likely form of market efficiency that probably exist is STRONG FORM MARKET EFFICIENCY. There are three different types of market efficiency, these are: weak form, semi strong form and strong form. Strong form market efficiency is the strongest form of market efficiency. Market efficiency refers to the extent to which stock prices and other securities prices reflect all available relevant information. 

During the ________ stage of group development, work behaviors evolve into a sharing of information, acceptance of different opinions, and positive attempts to make decisions that may require compromise, as the members set the rules by which the team will operate.

Answers

During the ________ stage of group development, work behaviors evolve into a sharing of information, acceptance of different opinions, and positive attempts to make decisions that may require compromise, as the members set the rules by which the team will operate.

Norming

What is the future value of $375 at an interest rate of 3 percent one year from today? a. $371.75 b. $393.33 c. $386.25 d. none of the above are correct to the nearest cent?

Answers

The future value of a current investment is calculated through the equation,
    F = P x (1 + i)^n

where F is the present value, F is the future value, i is the nominal interest rate, and n is the number of years.

Substituting the known values,
   F = ($375)(1 + 0.03)^1 = $386.25

Hence, the answer to this item is letter C. 

As a sojourner sent by her company, robin would like to spend some time establishing a friendship with a member of the new culture and exploring the countryside. these goals are called ______________ goals.

Answers

The sojourner's desire to establish friendships with new cultures and exploring the countryside is a Short Term Goal because to be a sojourner means to temporarily reside in a certain place.

Robin's goals of building friendships and exploring the countryside in a new culture are termed cultural assimilation goals, reflecting a deep interaction with and learning from the local way of life.

The goals Robin has for spending time in a foreign land and establishing a friendship while exploring the countryside are referred to as cultural assimilation goals. Such goals are an essential component of adapting to a new environment, including learning a new language, understanding the new customs, and integrating oneself into the local culture.

By spending time with members of the new culture and exploring, Robin is hoping to build social connections that transcend cultural barriers and also gain a deeper appreciation and understanding of the host country's way of life. Similar experiences have been shared by travelers and sojourners throughout history, as described in various narratives where individuals immerse themselves into a local culture to find peace, harmony, and personal growth away from their familiar settings.

True or false: the new contract that you negotiate with labor will take affect starting january 1st of the year the contract is renegotiated.

Answers

 False. The new contract that you negotiate with labor will take effect starting 1st of October of the year right after the negotiation. A contract is a meeting of minds between two parties and they are being bound by a legal agreement.

In 2011, harris optical lost $450,000 in missing merchandise. as a result, it developed a plan in which employees in 2012 would share half of each dollar under $450,000 that was lost. harris optical is using a ______ plan.

Answers

Harris Optical's plan to share half of each dollar saved under the previous year's loss amount with employees is known as a gainsharing plan. It is designed to incentivize employees to work together to reduce losses and improve the company's financial performance.

In 2011, Harris Optical lost $450,000 in missing merchandise and subsequently created a plan to motivate employees to reduce these losses. The company designed an incentive structure where employees would share half of each dollar saved under the $450,000 that was previously lost. This type of initiative is known as a gainsharing plan. Gainsharing is essentially a companywide program where employees are rewarded for performance improvements compared to past figures.

Through programs like this, the savings generated by reducing losses or increasing productivity are shared with employees, essentially tying their rewards to their collective performance. These types of plans encourage collaboration, ideas for improvement, and a vested interest in the success of the company, leading to potential turnaround from losses to profitability. Gainsharing is beneficial because it aligns the interests of the employees with the financial health of the organization.

Expansion of foreign debt leads to an obligation for future interest payments that are ___________ the american economy

Answers

Expansion of foreign debt leads to an obligation for future interest payments that are leakages from the american economy.

Maggie has an evening janitorial job. she sometimes takes a book to work and reads when she should be working. this is an example of the​ ______ problem.

Answers

This is the principal-agent problem. This occurs when an individual is able to make decisions or choices that impact others at the company or in fact the company as a whole.

The answer is: the principal-agent problem.

The principal-agent problem refers to a situation when the action/decision made by a single individual could affect the whole organization where that individual belong.

By reading the the book and neglecting the job, Maggie could tarnish the reputation of the janitorial company where she works. This could make the whole company receive less order in the future.


The soma inn is trying to determine its break-even point. the inn has 75 rooms that are rented at $56 a night. operating costs are as follows. salaries $10,100 per month utilities 2,900 per month depreciation 1,500 per month maintenance 800 per month maid service 7 per room other costs 31 per room

Answers

You need to multiply the cost of each room by the number of rooms to learn the daily profits. Then you have to multiply the costs of all of the expenses to find out which is greater, the expenses or the profits. If the expenses are bigger you need the difference.

Ue or false: increasing the number of stocks in a portfolio reduces market risk.
a. True
b. False

Answers

False. It does not reduce market risk.

There is a provincial construction supervisor who gets to hire all of the housing inspectors.

Answers

Umm? You just telling the business is. :D

The biggest problems with producing too much are lost sales and customer dissatisfaction.
a. True
b. False

Answers

The correct option is "a". The given statement is true.
When there is not much demand and you produces a lot, it will affect the quality of the product and that leads to customer dissatisfaction. When the production is according to sale, and the quality is good the customers will automatically satisfied with the product. 

An investment will pay you $91,000 in five years. assume the appropriate discount rate is 6.25 percent compounded daily. what is the present value?

Answers

Final answer:

The present value of an investment that will provide $91,000 in five years, with a discount rate of 6.25% compounded daily, can be calculated using the formula for present value with daily compounding: PV = FV / (1 + r/n)^(nt), where r = rate, n = number of compounding periods, t = time and FV = future value. Substituting the given values into the formula will yield the present value.

Explanation:

The subject of this question falls into the area of financial mathematics, more specifically the concept of present value. The present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return. In this specific case, you want to know how much you should be willing to invest today in order to receive $91,000 in five years time assuming a discount rate of 6.25% compounded daily.

Here's the step-by-step process using the formula for calculating the present value compounded daily: PV = FV / (1 + r/n) ^ (nt). Present value (PV) is what we're trying to find. Future value (FV) is the $91,000 you expect in five years. The rate (r) is the discount rate of 6.25% (expressed as 0.0625 in calculations). n stands for the number of compounding periods in one year, so if compounding is daily, n is 365. And t is the time in years, which is 5 in this case.

So let's substitute these values into the formula, PV = $91,000 / (1 + 0.0625 / 365)^(365*5). After doing the calculations, the result you'd get is the present value of the investment.

Learn more about Present Value here:

https://brainly.com/question/33200568

#SPJ12

According to scott's rule, if the number of values is 51, the recommended number of cells in the histogram is:

Answers

the reccomended number of cells would be A- 6
According to scott, this measurement is necesary in order to obtain optimal  construction for fundamental task in data analysis.
Scott based his number on the the measure of discrepancy the mean that integrated squared error 

Country m wants member nations to harmonize their​ tax, monetary, and fiscal policies and wants to create a common currency. country m is requesting for the creation of​ a(n) ________ in the moonland nations

Answers

The country M is requesting an economic union. This is considered to be a type of trade bloc in which they have a custom union in regards with the common market that they have or composed of in which we could see how country m wants the member nations to have a harmonize tax, monetary and fiscal countries in creating a common currency.

Feather friends, inc., distributes a high-quality wooden birdhouse that sells for $80 per unit. variable expenses are $40.00 per unit, and fixed expenses total $200,000 per year. its operating results for last year were as follows:

Answers

To answer this item, we are to let x be the number of units. The total operating cost of the process is equal to the sum of the variable expenses and the fixed expenses. 

The total variable cost is equal to 40x. Hence, the total operating cost for the year would be,
    TC = 40x + 200,000
Other Questions
Professor wallace studies memory in people who have had strokes. professor hansen studies people who claim to have clear memories of events that happened over three decades ago. such research on the extremes of memory: Deborah gewertz, who has reexamined margaret mead's interpretations of the tchambuli (chambri), arrived at the conclusion that __________. Why was Russias defeat of France the turning point in the Napoleonic Wars? Napoleons empire turned against him. Napoleon escaped to America for safety. The people of France no longer supported Napoleon. The French army was reinvigorated. Which of the following is and integer but not a whole number?A. -9.6B. -4C. 0D. 3.7 24.095 + 3.26 = ____ (5 points) Is the comparison true 787 The feminization of poverty is a term used to describe poverty experienced by __________. Which writer was known to use stream of consciousness in his work? A.Henry David ThoreauB.Johann Wolfgang von Goethe C.Sigmund Freud D.William Faulkner PLZZZZ HELPP!!!!50 POINTS!!!IF YOU ANSWER INCORRECTLY OR DONT EXPLAIN YOUR ANSWER I WILL REPORT YOU!!!!!!!!!!!!!!1. What was a goal of the explorer Juan Pardo? A. to conquer Peru, Central America, and southeast America B. to improve relations between explorers and American Indians C. to build missions in Florida to convert American IndiansD. to establish French settlements in South Carolina and Florida 2. On behalf of which country did Christopher Columbus make the first of his four voyages in 1492?A. FranceB. SpainC. EnglandD. Portugal3. What was a common export of the Americas in the 1500s? A. horsesB. diseaseC. fruitD. gold4. What did American Indians introduce to Hernando de Soto and his expedition? A. pigsB. horsesC. diseaseD. barbeque 5. Which country established an American empire based on the fur trade?A. PeruB. FranceC. SpainD. Mexico The soccer team is planning to sell health bars for a fundraiser. the prices of purchasing health bars from two different companies are represented by the system of equations shown, where x is the number of bars purchased and y is the total cost in dollars. companya.y = 0.75x companyb.y10 + 0.50x how many bars would the team need to purchase from each company in order for the total cost to be equal Which phrase describes the algebraic expression x - 21.5?a. 21.5 decreased by xb. x more than 21.5c. 21.5 minus xd. x less 21.5 Which subjects do you find most interesting?Which subjects do you find most difficult?Pick the one you like the most and the one you like the least. A child recovering from a severe asthma attack is given oral prednisone 15 mg twice daily. what is the priority nursing intervention What describes the social structure of the South in the antebellum era? Check all that apply. mass immigration small townsno organized religion little or no organized educationslow population growth The value of acceleration due to gravity on pluto is about 0.61 meters\second. How much will an object that weighs 250 newtons on earth weigh on pluto? Many people migrated from the North and East to the Sun Belt states during the 1950s because of Why algae in the ocean can have a very high NPP and a very low amount of stored biomass Wendy mixed 5 parts of orange juice and 2 parts of water to make a drink. How many parts of orange juice did Wendy mix with each part of water? Choose the word that means the opposite of the word below. siempre a. nunca c. antes b. despus d. bien Most films shot before 1907 were short documentaries called Steam Workshop Downloader