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Marianna [84]
3 years ago
11

The probability of getting a 5 when a die is tossed is what type of probability?

Business
2 answers:
makvit [3.9K]3 years ago
6 0

Answer: As the Oxford dictionary states it, Probability means ‘The extent to which something is probable; the likelihood of something happening or being the case’.

In mathematics too, probability indicates the same – the likelihood of the occurrence of an event.

Examples of events can be :

Tossing a coin with the head up

Drawing a red pen from a pack of different coloured pens

Drawing a card from a deck of 52 cards etc.

Either an event will occur for sure, or not occur at all. Or there are possibilities to different degrees the event may occur.

An event that occurs for sure is called a Certain event and its probability is 1.

An event that doesn’t occur at all is called an impossible event and its probability is 0.

This means that all other possibilities of an event occurrence lie between 0 and 1.

Explanation:

irinina [24]3 years ago
4 0
The probability is 1/6 or 1:6
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The correct answer is D) The operation of internal service funds has no impact on other funds because it is run as a business and provides services that would have been purchased elsewhere by the other funds.

Explanation:

This is false because the operation of these funds represent a direct impact on other funds in the portfolio because they are related within the same business scheme and therefore transfer transactions (purchase and sale) of services corresponding to other portfolios or funds with guarantees and expectations of growth in the short term.

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3 years ago
Which of the following statements about marketing is true? Multiple Choice A marketing exchange focuses on making a single trans
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Marketing only occurs when two or more parties are willing to exchange one thing for another thing.

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5 0
2 years ago
Present Value of Ordinary Annuity Period/Rate 5% 6% 7% 8% 9% 10 7.7217 7.3601 7.0236 6.7101 6.4177 11 8.3064 7.8869 7.4987 7.139
klasskru [66]

Answer:

The discount rate of 8% for 11 year period provides the present value of annual cash flows to be equal to the initial investment.

Explanation:

Using the table of present value of annuity provided, we can check the rate and time period which is return the present value of cash flows from the project to be equal to initial Investment.

We are told that the Project's life is expected to be 11 Years. Thus using the 11 year period from the table we can see the following rates,

<u>11 Year Period</u>

Rate = 5%  ,  Annuity Factor = 8.3064  

Rate = 6%  ,  Annuity Factor = 7.8869

Rate = 7%  ,  Annuity Factor = 7.4987

Rate = 8%  ,  Annuity Factor = 7.1390

Rate = 9%  ,  Annuity Factor =  6.8052

We know that the annual cash flows from the project is $1,000,000 and we know the Initial Outlay is $7,139,000.

Multiplying the annual cash flow from the above annuity factors for each rate we can see which rate provides the present value of annual cash flows to be equal to initial outlay.

Rate = 5%  ,  Present value = 8.3064 *  1000000    = $8,306,400  

Rate = 6%  ,  Annuity Factor = 7.8869 *  1000000    = $7,886,900

Rate = 7%  ,  Annuity Factor = 7.4987 *  1000000    = $7,498,700

Rate = 8%  ,  Annuity Factor = 7.1390 *  1000000    = $7,139,000

Rate = 9%  ,  Annuity Factor =  6.8052 *  1000000    = $6,805,200

From the above calculation we can see that the rate of 8% provides the present value of annual cash flows to be equal to the initial investment.

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The Consumer Price Index (CPI) is best used to determine
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The answer is<u> "B) the rate of inflation".</u>


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