Determine the probability
Assume the probability that you win free 20 oz Pepsi in the "Pepsi under the cap game" is 1/12. You go to Stop N Go and purchase 10 Pepsi 20 oz bottles. Determine the probability that when you open these bottles, you've at least two winning caps.
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A product is made up of three parts which act independently of each other. If any of the parts is defective, the product is defective. Part one is defective 5% of time, part two is defective 10% of the time, and part three is defective 15% of the
Assume the nation of Sugarland consists of the 50,000 households, 10 of whom are sugar producers. Arguing that the sugar industry is vital to national economy, sugar formers propose an import tariff.
The treasurer of a firm famous the many invoices were received with the following terms of payment: "2%- days, net 30 days." Thus, if the bill is paid within ten days of its date, he could deduct 2%.
Determine the probability that a randomly chosen business undergraduate has a GPA ? 3.0 and doesn't regularly visit their academic counselor.
Identify the deadweight loss that would occur if a price ceiling of the 22 were introduced. If scarcities were to disappear and donuts were free, determine how many donuts would people want?
What is the equilibrium price and quantity with the tax if a sales tax of $10 per night is instituted by the city of Boston to be collected from suppliers?
Transplant operations have become routine. One common transplant operation is for kidneys. The most dangerous aspect of the procedure is the possibility that the body may reject the new organ.
Assume you win a lottery, and your after-tax gain is $40,000 per year until you retire. You decide to work part time at 32 hours per week in your old job instead of the usual 40 hours per week as a result.
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