Answer:
The probability of the first draw is 100%, because the bead will be either red or white. For the second draw, a different color must be drawn.
So, if draw 1 is white, then the probability of draw 2 being red is 7/10. and if the first draw is red, then the probability of draw two being white is 5/10.
the solution is in the above picture.
Answer:
Asset B generate most benefit.
Step-by-step explanation:
Correlation shows the strength of relation between two variables.
Greater the correlation coefficient greater the strength between two variables.
Since here It is given that Correlation Coefficient between risk reduction and Asset B is higher (i.e. 60%) than the Correlation Coefficient between risk reduction and Asset A (i.e. 40%).
Thus, Asset B generate most benefit.
For this case we have to:
x: Let the variable representing the number of people to travel in the group
y: Let the variable representing the number of miles traveled.
If friends only have $22 then we have the following inequality:

Now, if there are three people in the group we have that 

The taxi can travel a maximum of 19.33 miles.
On the other hand, if the group wants to travel 10 miles then we have to y = 10.

Thus, they could travel a maximum of 5 people.
ANswer:

Traveling 3 people, the taxi can travel a maximum of 19.33 miles
Traveling 10 miles, a maximum of 5 people can travel