8 Answered Questions for the topic Quantitative Literacy

Quantitative Literacy Math Statistics Probability

02/21/20

EXPECTED VALUE GAMBLING WHEEL QUESTION
Suppose you bet $1 on red at the roulette wheel. There are 18 red numbers and 20 nonred numbers (including the green 0 and 00). You win $1 if a red number comes up, and you lose $1 if any other... more
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Quantitative Literacy Math

09/02/19

quantitative literacy practice
Your utility company charges 13 cents per​ kilowatt-hour of electricity. Complete parts​ (a) and​ (b) below.a. What is the daily cost of keeping lit a 75​-watt light bulb for 12 hours each​ day?b.... more
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Quantitative Literacy Math

09/02/19

Quantitative Literacy practice
It takes you 46 seconds to walk from the first​ (ground) floor of a building to the third floor. How long will it take you to walk from the first floor to the sixth floor​ (at the same​ pace,... more
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Quantitative Literacy Algebra 2 College Math

02/28/19

Suppose a company charges an annual premium of $140 for an insurance policy for minor injuries
Suppose a company charges an annual premium of $140 for an insurance policy for minor injuries. Actuarial studies show that in case of an injury claim, the company will pay out an average of $900... more
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Quantitative Literacy Algebra 2 College Math

02/28/19

If anyone can help. Please help me understand this.

A company manufactures tires at a cost of $30 each. The following are probabilities of defective tires in a given production run: probability of no defective tires: 10%; probability of 1% defective... more
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Quantitative Literacy Algebra 2 Expected Value

02/28/19

I need help with this if anyone can help.

Suppose you bet $1 on red at the roulette wheel. There are 18 red numbers and 20 nonred numbers (including the green 0 and 00). You win $1 if a red number comes up, and you lose $1 if any other... more
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Quantitative Literacy Elementary Math Mathematics

02/19/19

Tony can pick 20 bushels of apples in an 8 hour work day. What is his date of bushels per hour?
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Quantitative Literacy

04/06/15

How many cords of wood could fit in a room that is 4 yards long,4 yards wide, and 2 yards high?
Use the fact that 1 cord=128ft^3 and 1yd^3 =27ft^3
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