The probability that you win something will be 1.
What is an probability in statistics?
The probability serves as a gauge for how likely an event is to occur. It gauges how likely an event is. P(E) = Number of Favorable Outcomes/Number of Total Outcomes is the formula for probability.
Can the probability of an event be 1?
If the chance is 1, the event will occur. There would be nothing you could do to prevent a road traffic collision if the likelihood of one was 1. It will occur. In reality, probability connected to commonplace events ranges between 0 and 1.
Can a probability be negative?
Although a quasiprobability distribution permits a negative probability or quasiprobability for some events, the probability of the result of an experiment can never be negative. These distributions may be applicable to conditional probability or unobservable events.
Learn more about probability: brainly.com/question/14210034
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Answer:
Which product is an athlete more likely to endorse? Fast Food
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Answer:
Full employment
Explanation:
Full employment is used to describe an economic situation where all available labor resources are used efficiently. In full employment, the highest number possible of both skilled and unskilled workforce is employed.
Full employment is an ideal situation where everyone seeking employment will find a job. Under this condition, the rate of unemployment is zero. For an economy to achieve full employment, it must be producing at its full potential. Full employment is a hypothetical situation that is difficult to achieve practically. A business cycle that occurs naturally is among the reasons for not attaining full employment.
Answer:
The journal entry to record issuance of the bond would be:
Debit : Cash $382,942.
Credit : Bonds Payable $382,942.
Explanation:
At Issuance of Bonds, we recognize the Cash Asset and the Liability Bond Payable at the Issue Price of the Bond instead of Face Value.
The Issue Price is also known as the Present Value or Current Price of the Bond and for this question this was given as $382,942.
