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Airida [17]
3 years ago
5

A shelf in the Metro Department Store contains 95 colored ink cartridges for a popular ink-jet printer. Five of the cartridges a

re defective.
(a) If a customer selects 3 cartridges at random from the shelf, what is the probability that they are all defective? (Round your answer to five decimal places.)

(b) If a customer selects 3 cartridges at random from the shelf, what is the probability that at least 1 is defective? (Round your answer to three decimal places.)
Business
1 answer:
mina [271]3 years ago
7 0
<span>(7C3 * 73C0) / 80C3
 but that = (35 * 1) / 80C3
= 35 / 82160
 = .00043 

For B

</span><span>(7C1 * 73C2 + 7C2 * 73C1 + 7C3 * 73C0) / 80C3
 = 19964 / 82160 = .243
</span>hope it helps
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Why is saving called a leakage? Why is planned investment called an injection? Why must saving equal planned investment at equil
vazorg [7]

Saving is called a leak because money is not used in the economy in a particular way it is leaked out of the economy.

Explanation:

A planned investment is called an injection because capital investments are moved into the existing economy. This method is used to expand a business.

To avoid savings leakage savings must be equivalent to planned GDP equilibrium investment in the private closed economy. The leakage is the non-consumption use of income, that includes savings,taxes and imports.

At equilibrium GDP there will not be any changes in unplanned inventories because the expenditures will exactly equal the planned output levels that include consumer goods and services and planned investment. Hence, There is no unplanned investment and no unplanned inventory changes.

3 0
2 years ago
Atlas Corporation reported the following earnings per share information in its current annual report. The company has only one c
Talja [164]

Answer:

c. $1.69 and $1.65

Explanation:

Calculation to determine Basic EPS

Using this formula

Basic EPS =Net income/Weighted average common shares outstanding

Let plug in the formula

Basic EPS = $7,121 / 4,221

Basic EPS = $1.69

Calculation for Diluted EPS

Using this formula

Diluted EPS=Net income/Weighted average dilutive shares

Let plug in the formula

Diluted EPS = $7,121 / 4,305

Diluted EPS = $1.65

Therefore Basic and diluted earnings per share were, respectively:$1.69 and $1.65

3 0
2 years ago
The Road Stop is a national hotel chain with a cost of capital of 12.4 percent. This chain is considering opening a high-end res
olga nikolaevna [1]

Answer: probably be put on hold until its cost of capital can be lowered.

Explanation:

Since the Road Stop is a national hotel chain and its cost of capital of 12.4 percent and it is considering the opening a high-end resort that its expected cost of capital will be at least 13 percent.

This shows that the cost of capital of the project is higher than the cost of capital of the hotel. Therefore, in sguvh case, opening the high enee resort isn't worth it as the cost of capital is high and should therefore be put on hold until the cost of capital can be lowered.

5 0
2 years ago
__________ are electronic markets in which banks and institutional traders buy and sell various currencies on behalf of business
Yakvenalex [24]

<u>Foreign Exchange Market</u> are electronic markets in which banks and institutional traders buy and sell various currencies on behalf of businesses and other clients

<h3>What is Foreign Exchange Market?</h3>

A decentralized, open market where currencies are traded on a worldwide scale is known as the foreign exchange market. For every currency, this market establishes exchange rates. It covers every facet of acquiring, disposing of, and exchanging currencies at the going rate or set rate.

<h3>Why foreign exchange is important?</h3>

Foreign exchange refers to the exchange of various national currencies or units of account. It is crucial because a country's economic health and, consequently, the happiness of all its citizens, are determined by the exchange rate, or the cost of one currency in relation to another.

To know more about Foreign Exchange visit:

brainly.com/question/11135015

#SPJ4

3 0
1 year ago
What are you paying for when you lease a car? A.the purchase price of the car
N76 [4]

Answer:

D

Explanation:

when you lease a vehicle, your monthly payment will be calculated based on the vehicle's depreciation, or the change between its current value and its value at the end of the lease obviously plus interest and fees. .

5 0
2 years ago
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