COLOR THEME Q ZOOM
John just bought a brand new cell phone and is considering buying a warranty. The warranty costs 200
euros and is worth 1000 euros if his phone breaks. John estimates that there is a 10% chance of his phone
breaking
Find the expected value of buying the warranty.
euros

0.16 or 16%

step-by-step explanation:

lets take a coin for example.

if you toss it twice, it has a 1/4 chance of landing on heads both times because 1/2 * 1/2 is 1/4.

with the cards, the chance of picking dog is 0.4. having two people pick one is like picking a card twice in a row. so 0.4 * 0.4 is 0.16, or 16%

4 candies

step-by-step explanation:

7 x 28 = 196

200 - 196 = 4 candies remaining.

steve should create a type of business report called a business plan. the correct option among the options that are already given in the question is the last or the fourth option. this business report created by steve will actually influence the investors about investing their money in steve's business. this business report will have all the details about the business, the amount of investment required and the amount of expected profit.