Answer:
The probability that at least one student majors in accounting=0.3×0.3×0.3=0.027
Explanation:
<em>Step 1: Determine the number of accounting majors in a business</em>
N=P×S
where;
N=number of accounting majors
P=probability of accounting majors
S=sample size
This can also be written as;
Number of accounting majors=probability of accounting majors×sample size
In our case;
Number of accounting majors=unknown, to be determined
Probability of accounting majors=30%=30/100=0.3
Sample size=3 business majors
Substituting;
Number of accounting majors=0.3×3=0.9
<em>Step 2: Determine the chance that at least one student majors in accounting</em>
The probability that at least one student majors in accounting=0.3×0.3×0.3=0.027
Answer:
Managed Care
Explanation:
Managed care is basically employed by most top organizations to provide medical or health services to their employees through their designated or selected hospitals or medical / health service providers so as to be able to account for every individual who uses the service as well as the cost incurred.
Production and Distribution. Economics is concerned with how to produce goods and services using limited resources, and most efficiently distribute these products to maximize the benefit of everyone.
Answer:
increased production of studs and spikes around the world
Explanation:
The production of hese new designs have a direct correlation with the production of studs and spikes around the world
