Finance questions and answers. #4) CoinWarz. To find the partial value due to each outcome, multiply the value of the outcome times its probability. This is also known as a probability-weighted average. ( 15 marks) (d) A prisi. Odds Converter. Divide 1 by the odds of an outcome to calculate the probability of that outcome. Just remember that the total must not exceed 25 and minimum value for each is 1. Calculate the mining rewards for cryptocurrencies mined using video cards (GPU’s). Multiply each value times its respective probability. 25 9% 12% Weak 0. It’s the best-riding, fastest, most practically designed F-150 we’ve ever driven. If you wonder how to calculate the Net Present Value (NPV) by yourself or using an Excel spreadsheet, all you need is the formula: where r is the discount rate and t is the number of cash flow periods, C 0 is the initial investment while C t is the return during period t. This page titled 10: Expected Value and Standard Deviation Calculator is shared under a CC BY license and was authored, remixed, and/or curated by Larry Green. Calculate the depletion of the mine and the depreciation of the mining facilities and equipment for 2021, assuming that Hecala uses the units-of. The potential mines were divided into two bins – small capacity mines and large capacity mines – by the expected output of REOs per year. The insured value is customarily 110% of the NSR. This would include a realistic processing rate and associated annual metal production. When has it ever been more rewarding? Calculate. To put it simply, Theorem 3. There is no salvage value. invested $689,920 in a mine estimated to have 784,000 tons of ore of uniform grade. Example 1: Find the expected value for the following probability distribution using the expected. To compute an asset's expected return under a range of possible circumstances (or states of nature), multiply the anticipated return expected. Multiply the Tonnage by the Grade 3. 3% of the U. Note: Certain capital cost data. We can repeat this formula to obtain the expected value for each cell in the table:The tonnage/grade curve provides two key characteristics for the deposit under investigation. Please note that calculations are based on mean values, therefore your final results may vary. Here’s what you need: Technical Report. Expected Value Definition. invested $689,920 in a mine estimated to have 784,000 tons of ore of uniform grade. To establish a starting point, we must answer the question, "What is the expected value?"In decision theory, the expected value of perfect information ( EVPI) is the price that one would be willing to pay in order to gain access to perfect information. Currently, that is around 40 EUR per day!Unlock the full potential of your Nvidia RTX 3060. She has also projected the expense of opening the mine and the annual operating expenses. An equivalent definition of entropy is the expected value of the self-information of a variable. Build the new software: $ 2,000,000 * 0. Despite the large initial costs, we can see that our mining venture will be net profitable at some point, because our daily revenues are larger than our daily costs. We use the function countAdjacentMines() to calculate the adjacent mines. To compute an asset's expected return under a range of possible circumstances (or states of nature), multiply the anticipated return expected. For example, the expected value for Male Republicans is: (230*250) / 500 = 115. value, depending on the amount insured and the age of the vessel. To calculate the percent error, one can follow the below steps: The first must obtain the experiment (assumed) and exact values. An engineering and cost analysis has been made, and it is expected that the following cash flows. xlsx (MS Excel) Other Resources: The equipment has no use outside of this mine project. Expected positive cash inflows of $12,71,000,000 should last for 8 years, after which the mine will be closed and returned to its natural state, causing a final negative outlay of $55 million. 4. It is evaluated as the product of probability distribution and outcomes. 5) + ($200 × 0. Value: Algorithm: SHA-256: BTC network hashrate: 466. Alternatively, it can be derived by starting with the company’s Enterprise Value, as shown below. As such, you expected 25 of the 100 students would achieve a. Wells published the paper “Optimization of mining engineering design in mineral valuation”, which proposed maximizing the present value ratio (PVR) in order to find the optimal production rate. Most profitable miners currently on the market and soon to be released. Convert Copper to Pounds and Gold to Ounces To find out how I come up with the. The chi-square value is determined using the formula below: X 2 = (observed value - expected value) 2 / expected value. 09. " The obvious procedure in determining tonnages is to calculate the volume and value of each block separately. Nonetheless, most mine design and planning processes have historically been undertaken as deterministic processes, often resulting in unrealistic mine designs and plans which potentially lead to the destruction of shareholder value. Start mining in less than 60 seconds and earn money with your PC now! We have prepared a simple tryout tool called NiceHash QuickMiner for you to try mining for the first time! No registration needed! Try mining now. S. Your data point of 2012 of only $130,000$ tickets sold is very curious - the lottery would lose a lot of money unless the prob of winning were decreased to the point of ludicrousness. Salter Mining Company purchased the Northern Tier Mine for $ 21 $21 million cash. asarray (weights) return (values * weights). g. 2. The probability of the ‘most likely’ total value (74,050) is 0. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) After the minerals are removed from the mine, the equipment will be sold for an estimated residual value of $10, 000. 10. mean() function in R: #define values vals #define probabilities probs #calculate expected value weighted. 1. Input the wager amount (e. A regression problem requires the prediction of a quantity. She has also projected the expense of opening the mine and the annual operating expenses. Default values are adapted for three 3070 cards. kilograms of silver, while one day's operation at mine #2 produces ore that contains. Question: (c) Calculate the net present value of a prospective mineral deposit (mine), if its expected future value in 6 years adds up to $200M (Million Dollars) at 8% interest rate. Please note that this GPA Calculator is an estimator for UNOFFICAL use only, and is only intended to assist students in predicting cumulative GPA for future semesters. For example, let's consider this story: 10 students answer a questionnaire, which asks them to rate their classes from -2 to 2. What is the deple; A coal mine expected to contain 6. (h) Calculate the net present value of a prospective mineral deposit (mine), if its expected future value in 5 years adds up to $160M at 9% interest rate. Track your mining profits in real-time. Log InorSign Up. Get started. Chi-square calculators require you to enter the expected frequencies in each group so that it knows what it is comparing against. Expected value is often used by gamblers to determine how much they could potentially win at a certain game. One of the first and most simple inputs is the timeframe for measuring revenue and profitability. Think about how this applies here. Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. a high sill value indicates a high degree of variance, whilst a low sill value indicates a small amount of variance). Number of events occurred, n (E): Number of possible outcomes, n (T):Most mining companies have made a full recovery, and the industry finished 2020 with an impressive one-year median TSR of 26%. The following step-by-step example shows how to calculate the expected value of a probability distribution on a TI-84 calculator. Raphael Godard. Select the graphics cards you would like to use and enter your electricity price. Please provide numbers separated by comma (e. We also apply some basic tweaks to. Assume all purchases were for cash. How I can calculate in R expected value and variance of X and how do I get. The expected cash flows each year from the mine are shown in the nearby table. There are Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Monero (XMR), Zcash (ZEC), Dash (DASH), Litecoin (LTC). A variance of 13 years² correspond to a standard deviation of approximately 3. Disclosure: Mining metrics are calculated based on a network hash rate of 346,968,946,852 GH/s and using a BTC - USD exchange rate of 1 BTC = $ 26,026. Step #1: Visit the website, choose Mining calculators from the menu, and select ETH mining calculator from the list of calculators available. V. During the first year of mining operations at the Northern Tier Mine, 50,000 tons of ore were mined, of which 40,000 tons were sold. CryptoCompare is another excellent mining calculator. Fortune is an enchantment applied to mining and digging tools that increases the number and/or chances of specific item drops. The calculator uses the following basic formula to calculate the weighted average cost of capital: WACC = (E / V) × R e + (D / V) × R d × (1 − T c). 72 TH/s. 66 over 10 days from the close of August 10, 2021 until the close 10 days later. There are 1 to 24 mines. The total coal expected to be extracted from the mine is 35,000 tons. A BTC mining difficulty of 64,678,587,803,497. 5MT in 2019, a 7% increase from the previous year’s 7Mt. Expected value calculator. 6 = 1. - Insert all values of probabilities in empty boxes. 4. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. 55 on a $100 bet. The expected cash flows each year from the mine are shown in the table. The quantity of ore mined and waste rock (i. Errors can occur, so your investment decision shouldn't be based on the results of this calculator. -8. The mean, μ, of a discrete probability function is the expected value. Loading. , x k } is given by the formula. Click on the "Reset" to clear the results and enter new. xlsx (MS Excel) Other Resources:Yes, the expected value can be negative. For the 13 mines and 12 diamonds (the highest payout), the chance of hitting one mine is 52% and the chance of winning would be 0. During the last 6 months of 2022, 121,000 tons of ore were mined. There are a couple of. E[x] = ∫+∞ −∞ x f(x)dx. x 1 p 1 1. Expected Values and ChiSquare of any 2D Contingency Table. This formula also shows that for every value of X in a group of numbers, we might have to multiply every value of x by the probability that that number occurs; by doing this, we can calculate the expected value. Join minerstat and find the most suitable software for your setup. Example 2: Expected Value Using weighted. expected value, in general, the value that is most likely the result of the next repeated trial of a statistical experiment. Determine the rate of success - the average number of events. CAPM Formula. It is calculated by taking the square root of the variance. g. The company extracted 144,000 tons of ore in 2020 and sold 120,000 tons. 1 Discounted Cash-Flow analysis outflows. x is the outcome of the event. The expected value is one such measurement of the center of a probability distribution. A coal company invests $20 million in a mine estimated to have 25 million tons of coal and no salvage value. Request an appointmentAccounting questions and answers. The following sections discuss how the. You can easily find out how the probabilities change for different chances of success and the same number of events. Yate corrected Pearson’s chi-square formula by subtracting the difference of the observed and expected value by 0. com. The mine is expected to have zero residual value. 4, 5/7,. Example 3; Solution. 54 ≈ 1. The graph shows mining profitability when the hardware remains consistently powerful. Expected Value. Finance questions and answers. If you want 20% rate of return on this investment, how much money is the present value of theIn probability theory, the expected value (also called expectation, expectancy, expectation operator, mathematical expectation, mean, average, or first moment) is a generalization of the weighted average. [8] PVR is the ratio of PVOUT (the present value of positive cash flows) to PVIN (the present value of negative cash flows). You can input only integer numbers, decimals or fractions in this online calculator (-2. Example 3: Gambling. Time. This Present Value calculator allows you to accomplish the following: Determine the current equivalent amount of a future lump sum given a specific interest rate and a number of periods the interest is compounding; Compare multiple scenarios, by showing each case in the results section. Discover the Best Mining Software for Your Needs. 11 + 4*0. For math, science, nutrition, history. To calculate equity value from enterprise value, subtract debt and debt equivalents, non-controlling interest and preferred stock, and add cash and. Note that E (X), i. The discounted cash flow allows for the accumulation of expected interest earned on a sum. Click on the Calculate Predicted Current Term GPA button. 5), and the two dice rolls. . The Expected Value calculator provides you with the expected value (xEV) and expected ROI (xROI) of your bet. 34 + 2*0. So with E V = $ 0. Join now. In order to calculate NPV, we must discount each future cash flow in order to get the present value of each cash flow, and then we sum those present values associated with each time period. After the minerals are removed from the mine, the equipment will be sold for an estimated residual value of $10,000. NPV formula. Free Bet Conversion Calculator. As a temporary fix, please use the above calculator! Input the number of trials (n or X) into the “X” box, then type the probability into the “P (x)” box. Mineral Rights Value – 4 Common Mistakes. The present value of "$2200 due in 12 months" is $2000. And then finally, plus there's a 5% chance. To calculate your GPA for the current term only, fill in your letter grade and course credit value for up to 12 courses. For example, You buy one $10 raffle ticket for a new car valued at $15,000. The choice of base for , the logarithm, varies for different applications. Suppose that X is a random variable and P(X ≥ 0) = 1. Find out more hashrate, consumption. We would calculate the expected value for winnings to be:. Insert all values of probability into the boxes and get the expected value with accurate Expectation Calculator. The expected value/mean is 1. Step 2: Numerically enter all values and separate them with commas. Bitcoin mining calculator Summary. read more of a series of random values we can derive by using the following steps: x: Data value; P(x): Probability of value; For example, the expected number of goals for the soccer team would be calculated as: μ = 0*0. Each possible outcome represents a portion of the total expected value for the problem or experiment that you are calculating. The present value of "$2200 due in 12 months" is $2000. Gold ore density is measured by grams per tonne. 2. Expected Value = [value of outcome] [odds of outcome] Inside the Brackets: Calculate these first. 02 = 0. 2 million grams. Smart Gambling Edge Stake Mines Game Calculator v1. Where: E(R i) is the expected return on the capital asset,. The $1 buyout lease, a capital lease, in which the lessee makes fixed payments each month and then has the right to purchase the leased equipment for $1 at the conclusion of the lease period. To put that in perspective, around 190,000 tonnes of gold has been mined in total, although estimates do vary. Join minerstat and stop checking by hand. , overburden or barren rock) removed to produce a refined unit of a mineral commodity, its rock-to-metal ratio (RMR), is an important metric for understanding mine wastes and environmental burdens. The expected cash flows each year from the mine are shown in the nearby table. Record the entry for purchase of the mine and equipment. Mine Status. Construct a spreadsheet to calculate the payback period,internal rate of return , and net present value of the proposed mine; based on your analysis, should the company open the mineAs mines are opened by levels, rises, etc. 50 15% 2196 Normal 0. E [ X] = ∑ i = 1 k x i p i. 1. Errors can occur, so your investment decision shouldn't be based on the results of this calculator. Digit. 11 USD Binance BTC. . Our goal is to make as many +EV decisions as possible. Using this calculator you can get the odds for any lottery game. e. For example, when Manchester United (1. What's the expected length of time until he reaches safety? Homework Equations X = amt of time until the miner reaches safety, Y = number of door that he initially chooses. To determine the EV at the end of the year, you can start by calculating the estimated value for each month using the following formula: Estimated value for one month = ($500 × 0. 35 + 3*0. The closest we can come to calculating the result would be the binomial distribution, as others have already demonstrated. g. Calculate the capitalization rate of an office building that has $145,000 in net operating income and is valued at $900,000. g: 7 1 8 5) or line break and press the "Calculate" button. #2) NiceHash. For the random variable X which assumes values x 1, x 2, x 3,…x n with probability P(x 1), P(x 2), P(x 3),. Return-on-equity (ROE) is a key financial indicator considered by investors because it indicates the level of profit a company can generate from equity and return to stockholders. That's why understanding how to calculate the core value of assets, in the present and in the future, is so crucial. Expected Value Formula. 2: Expected Value. Do you think you've got what it takes to join the tough world of cryptocurrency mining? Find out what. Find out if you can profit from your mining operation using this VERY accurate mining calculator. The 1:1 ratio Stake Mines strategy. Ultimately, money is our way of assigning a number to value. Your theoretical gain is $3. 45 Example 3: Expected Value. Suppose that is a random matrix. 35 + 3*0. 2500: BTC 24h volume: 13,892,371,655. Use this calculator. In this article, we’ll walk through the steps to calculate expected value using Microsoft Excel. xi is referred to as the. P (X)This calculator allows the user to take a Resource or Reserve estimate and conceptualizes a potential production scenario. 1%. Given the degree of geologic uncertainty around reserves and resources, it’s hard to know how. Get insight into crypto mining market with minerstat profitability calculator. These figures vary based on the total network hash rate and on the BTC to USD conversion rate. Save Copy. So if you had +120 odds on tails, the EV would be (120-100) * . Errors can occur, so your. 5 – 10-year forecast; Net-Present-Value-Calculator_V4. In this paper, cost uncertainty is considered as cost of under production, and cost of. Valuation Model – (Scroll to the bottom to download gold mine valuation model for free. Spread the loveExpected value is a statistical concept that helps predict the future outcomes of a decision based on probability. The Expected Value (EV), also known as the mean or expectation. The more information you enter, the more accurate the result will be. Learn details and view estimated profits for AMD and Nvidia GPUs, and ASICs. The present value of the restoration cost is estimated to be $80,000. 33 { m EV} = $0. Staking Rewards’ advanced staking calculator helps you to calculate your income and returns across hundreds of Proof of Stake Networks and interest-bearing crypto assets. 3) + ($0 × 0. 28m and 22. 9857 TH/s: RVN difficulty: 69. Keep reading to see how to calculate odds value! By using our odds value calculator online, you’ll see whether any odds are value bets. As part of many promotions and. Modified 2 years, 9 months ago. Graph functions, plot points, visualize algebraic equations, add sliders, animate graphs, and more. Calculator Use. 59 USD. 0092. Billions. Join minerstat and stop checking by hand. If 150,000 tons of ore are mined during the first year, the journal entry to record the depletion is: Multiple Choice Debit Depletion Expense. Calculate the book value of a three. Calculator Use. asarray (values) weights = np. How Do You Value a Mining Asset? Mining assets are very challenging to value. a. Then click Calculate mining profit. The expected value formula is this: E (x) = x1 * P (x1) + x2 * P (x2) + x3 * P (x3)…. Therefore, (6 – 6. Select the number of discrete random variables: n =. The state of Arizona accounted for around 70% of domestic copper production in 2022, and as a result also produces large amounts of molybdenum as a byproduct. The formula for expected value (EV) is: E(X) = μx = x1P(x1) + x2P(x2) +. 03 USD Mining Rig Rentals SHA-256. 02 = 1. Profitability calculators differ slightly, and. 1. 02 = 1. Theory of Probability. Finance. Enter the hash rate of your Bitcoin mining hardware (mandatory). Explore our guide for insights and examples on how to use it. Using the expected value formula for the binomial distribution: E(X) = 10 * 0. Expected value can be used to determine which of the outcomes is most likely to happen when the experiment is repeated many times. 4 = $ 800,000; Buy the new software: $ 2,000,000 * 0. Five students give a rating of -2, triplet give 1, additionally two give 0. Enter the observed figures (You may copy/paste Excel data) columns separated by space, tab or comma. Even though these numbers sound great, they are harder to hit than expected. Use μ to complete the table. When I plug in mean $. Door 2 leads back to the mine in 5 hours. Ideal for students and professionals alike, it's perfect for forecasting outcomes and making informed, data-driven decisions. This expected value calculator helps you to quickly and easily calculate the expected value (or mean) of a discrete random variable X. Every mine. Calculate the depletion of the mine and depreciation of the mining facilities and equipment for 2022 assuming Hecala extracted 150,000 tons of ore in 2022. It means that you need to put $2000 on that account today to have $2200 twelve months from now. Returning to our example, before the test, you had anticipated that 25% of the students in the class would achieve a score of 5. The quantity of ore mined and waste rock (i. The expected value for a continuous probability distribution is the mean of the random variable. 33 × N. RandomX mining calculator. g: 7,1,8,5), space (e. where n is the number of draws, K is the number of blue marbles and N is the number of all marbles in the bag. a. CLORE KawPow $0. The land will be worth $2,400,000 without the ore after 8 years of active mining. Cap rate = NOI/Value or 145/900=16. Without such a study available, one has to resort to more crude metrics. Convert Copper to Pounds and Gold to Ounces To find out how I come up with the numbers 2,204. Valuation Model – (Scroll to the bottom to download gold mine valuation model for free. 09. 25 BTC at $37,231. Hold (Rake) Expected Value. The value to you of having one of these tickets is $1 (0. Most profitable GPUs currently on the market and soon to be released. I have made a simple calculator here: Its very easy to use to calculator just enter the number of mine (s) in the mine (s) box and diamond (s) in the diamond (s) box , then hit calculate. b. After incorporating the recommended probabilities, the expected value total is 86,091. Expected Value Calculator. Key Takeaways. This is a DCF, but the components of it are. Join now. mean() The following code shows how to calculate the expected value of a probability distribution using the built-in weighted. a roulette wheel has 38 numbered slots from 1 to 36, 0 and 00. Without such a study available, one has to resort to more crude metrics. Expected value formula. Remember, the expected value of a probability distribution is a statistical measure of the average (mean) value expected to occur during all possible circumstances. Continuous Probability Distributions. But this is a. Expected Value for Multiple Events. For example, with a period of 10 years, an initial investment of $1,000,000 and a. EV, short for ‘expected value’ is the focus of every poker player. You can use this Probability Calculator to determine the probability of single and multiple events. Calculator Use. The second and current model lets you quickly calculate the net present value of up to 30 years of future free cash flow stream. Our mining monitoring and management software for Windows GPU rigs is the perfect solution for those who prefer to mine on their Windows machines. 0934 $ because the sum of probabilities equals $ 1. Expected Value: The expected value (EV) is an anticipated value for a given investment. 40 USD: Price for 1 BTC:. XNA KawPow $0. 2) EV = $250 + $60 + $0. 5 – 30-year forecast; File Format:. The main playing area in Mines is a 5 x 5 grid.