Suppose you are purchasing a meal and with every meal a you receive one of 10 toys atrandom. On average, how many meals must you purchase to receive all 10 toys in any order?
here expected number of meals to purchase all 10 toys =10*(1+1/2+1/3+1/4+1/5+1/6+1/7+1/8+1/9+1/10)= 29.29 ~ 30
Suppose you are purchasing a meal and with every meal a you receive one of 10...
Space shuttle astronauts each consume an average of 3000 calories per day. One meal normally consists of a main dish, a vegetable dish, and two different desserts The astronauts can choose from 10 main dishes, 8 vegetable dishes, and 12 desserts. How many different meals are possible? The number of different meals possible is I
7. The daily special at a particular restaurant is a three-course meal consisting of an entree, a starch, and a dessert. The choices of entree are: Chicken or roast beef; the choices of starch are: Pasta or rice or potatoes; and, the choices of desert are: Ice cream or Jello or apple pie or a peach. Consider the experiment consisting of the selection of a meal, that is, the selection of one entree, one starch, and one dessert. Hint: Use...
help ty 1. Scott and Jenni used to go out to eat every day, but recently have decided to stay at home and cook two meals a day. Both are able to make equally tasty meals, but it takes Scott 40 minutes to make a meal while it only takes Jenni 20 minutes. Then they have to wash the dishes. Each of them takes 30 minutes to do the dishes. a. If each makes one meal and does the dishes...
The restaurant at the Hotel Galaxy offers two choices for breakfast: an all-you-can-eat buffet and an a la carte option, where diners can order from the menu. The buffet option has a budgeted meal price of $52. The a la carte option has a budgeted average price of $41 for a meal. The restaurant manager expects that 40 percent of its diners will order the buffet option. The buffet option has a budgeted variable cost of $32 and the a...
kindly write properly so that i can understand the solution. Question Suppose that I know 20 jokes, of which 10 are funny ones. Suppose also that I am presenting a paper which will include 20 one-hour lectures, and that you turn up for every lecture. (i) If, before each lecture, I select a joke to tell uniformly at random from all the ones that I know and independently of any previous choices, what is the probability that you will hear...
Thank you in advance! 26. Meals. A college student on a seven-day meal plan reports that the amount of money he spends daily on food varies with a mean of $13.50 and a standard devia- tion of $7. a) What are the mean and standard deviation of the amount he might spend in two consecutive days? b) What assumption did you make in order to find that c) Estimate his average weekly food costs, and the stan- d) Do you...
Just 60 As a winner of a lottery you are going to receive $10,000 every year forever, starting one year from today. If the appropriate discount rate is 10%, what is the present value of the award cash flows? $40,000 $20,000 80,000 $100,000 $125,000 QUESTION 60 In the above question, suppose your prize is growing at a constant rate of 2% every year. In other words, you are going to receive $10,000 one year from today, $19,000(1.02) in 2 years...
Q4) Suppose you are thinking of purchasing the stock of Moore Ofl, Inc. You expect it to pay a $2 dividend in one year, and you believe that you can sell the stock for $14 at that time. If you require a return of 20% on investments of this risk, what is the maximum you would be willing to pay? FV+D/(1+r) Zero Growth Model Q5) Suppose stock is expected to pay a S0.50 dividend every quarter and the required return...
You have won the lottery. You will receive $2,550,000 today, and then receive 40 payments of $1,275,000 These payments will start one year from now and will be paid every six months. A representative from Greenleaf Investments has offered to purchase all the payments from you for $20 million. The appropriate discount rate is an APR of 10 percent compounded daily. Assume there are 12 months in a year, each with 30 days. What is the present value of the...
Create (type) a 7-day meal plan for breakfast and dinner with one dietary restriction (i.e. milk free, vegan, dairy free, or gluten free) that meets the Dietary Guidelines for Americans 2015-2020 (DGA). Items to submit for review: 7-day menu with breakfast and dinner that meets DGA recommendations. You cannot repeat the same meals each day, you must review MyPlate and or DGA recommendations to ensure you include all food groups (fruits, vegetables, dairy, and protein).