Assume that f(1000)=50 , and it's also true that the cost to the consumer of each item is $5, did the retailer make wise use of
1 answer:
You might be interested in
Answer:
a) No, it does not matter whether you roll the die or flip the coin first, as these two events are <u>independent</u> of each other, which means they do not affect each other.
b) Yes.
- Let event 1 be flipping a coin and event 2 be rolling a die.
- Let event 1 be rolling a die and event 2 be flipping a coin.
The likelihood that any outcome will occur will not change, as the events are independent.
c) see attached
d) 12 outcomes (H = head, T = tail, numbers represent the value of the die)
H 1 T 1
H 2 T 2
H 3 T 3
H 4 T 4
H 5 T 5
H 6 T 6
e)
