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: $175
Explanation:
Here we can see that the business discussion happened only at dinner.
After Dinner they went for entertainment at the Cinema so that amount is not deductible as a business Expense.
The only amount deductible is the $350 for the meal.
Meals with clients are considered to be 50% deductible so solving for that we have,
= 350 * 0.5
= $175
$175 is amount of the expenditures that Holly can deduct as a business expense.
Answer:
Stock: 64%
Mutual Fund: 15%
Bond: 11%
Savings Account: 10%
Explanation: Out of 100% we have 64%, 15%, 11%, and 10%. We are being asked to place these percentages to different categories based on Chris's investment to minimize the risk of his portfolio. To know what percentage to assign what category, we simply take a look at each category and determine each worth. The Stock has higher risk and higher growth, so the percentage should be the highest one which is 64%. The Mutual fund has a medium growth and a medium risk, so it should have the medium percentage which is 15%. The bond has a low growth and a low risk, which should have a low percentage but not the lowest which is 11%. Savings Account has the lowest growth and lowest risk, which should have the lowest percentage.
I am not 100% sure if it's correct, I am about 90% sure its correct. If I am wrong please make sure to comment on that.
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-Expert Chicken Sama