I need help on this question please

NEED HELP ASSAP 100 POINTS WILLL GIVE BRAINLIEST1Give me an example of how supply or demand affects price in the real world. 2Ho

Vanyuwa [196]

Answer to question 1:

When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.

Answer to question 2:

Commercial banks play an important role in the financial system and the economy. ... They provide specialized financial services, which reduce the cost of obtaining information

Answer to question 3:

Government regulation affects the financial services industry in many ways, but the specific impact depends on the nature of the regulation. Increased regulation means a higher workload for people in financial services.

Answer to question 5:

Adam Smith because he was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics''.

7 0

3 years ago

student randomly receive 1 of 4 versions(A, B, C, D) of a math test. What is the probability that at least 3 of the 5 student te

alexdok [17]

Answer:

1.2%

Step-by-step explanation:

We are given that the students receive different versions of the math namely A, B, C and D.

So, the probability that a student receives version A = $\frac{1}{4}$ .

Thus, the probability that the student does not receive version A = $1-\frac{1}{4}$ = $\frac{3}{4}$ .

So, the possibilities that at-least 3 out of 5 students receive version A are,

1) 3 receives version A and 2 does not receive version A

2) 4 receives version A and 1 does not receive version A

3) All 5 students receive version A

Then the probability that at-least 3 out of 5 students receive version A is given by,

$\frac{1}{4}\times \frac{1}{4}\times \frac{1}{4}\times \frac{3}{4}\times \frac{3}{4}$ + $\frac{1}{4}\times \frac{1}{4}\times \frac{1}{4}\times \frac{1}{4}\times \frac{3}{4}$ + $\frac{1}{4}\times \frac{1}{4}\times \frac{1}{4}\times \frac{1}{4}\times \frac{1}{4}$