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natita [175]
3 years ago
13

A card from a 52 card deck is lost. We then draw 2 cards from the 51 remaining cards. What is the probability they are both diam

onds?
Business
1 answer:
Nonamiya [84]3 years ago
3 0

Answer:

\frac{1}{17}

Explanation:

Let D be the event that the lost card is a diamond

and D' be the event that the lost card is a non diamond

Therefore,

P(D) = \frac{13}{52} = 0.25

P(D') = \frac{39}{52} = 0.75

Now,

Event that the cards picked up are both diamonds = A

Thus,

P( A | D) = \frac{12}{51 }\times\frac{11}{50}               [ As One Diamond Card is lost ]

And,

P(A | D') = \frac{13}{51}\times\frac{12}{50}                [ As One Non-Diamond card is lost ]

Therefore,

P(A) = P(D) × P(A | D) + P(D') × P( A | D')  

= 0.25 × \frac{12}{51 }\times\frac{11}{50}  + 0.75 ×  \frac{13}{51}\times\frac{12}{50}

= \frac{1}{17}

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Horizontal scope exists the range of product and service components that the firm acts within its market.

<h3>What are vertical and horizontal scopes?</h3>

A horizontal acquisition is a commercial tactic in which one company acquires another that competes on an equal footing in a given industry. The purchase of business operations within the same manufacturing vertical is referred to as vertical integration.

The firm's horizontal scope is the variety of product and service sectors it offers within its market. The vertical scope is the degree to which an organization's internal activities cover all of the value chain activities in the industry, part of them, some of them, or none of them.

The variety of product and service segments that the company offers within its market is referred to as its horizontal scope.

To learn more about vertical and horizontal scopes refer to:

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1 year ago
Every afternoon after class, Ruth buys a cold drink. She automatically either buys a Coca-Cola, a Minute Maid lemonade or a Fayg
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Answer:

The answer is A. evoked set

Explanation:

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3 years ago
Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tick
labwork [276]

Answer:

Explanation:

Job 11-101=$3,880

Job 11-102= $2,630

Job 11-103= $2,080

Job 11-104= $3,190

Job 11-105= $2,080

Total            13,860

Direct labor rate = $18

Predetermined overhead rate = $22

Direct labor hour = 13,860/18 = 770 hours

Applied factory overhead rate = 770 *22 = $16,940

                                      Factory labor cost

                                       Dr                        Cr

Work in progress        13,860

Factory Overhead       18,000

Wages payable                                          31,860

                                    Factory Overhead

Work in progress        16,940

Factory overhead                                       16,940

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3 years ago
Undertaker enterprises earns $0.17 in profit on every $1 of sales and has $0.67 in assets for every $1 of sales. the firm pays o
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Answer:

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b. A liability that is recorded.

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Huprey Co. will recognize and record contingent liabilities in its accounts when it can be reasonably established that the future event will occur and the amount of the liability can be reasonably estimated. The implication is that Huprey Co. must establish two things before a contingent liability is recognized and recorded.  One is that the probability or the likelihood or the chance that the event will happen exists and can be estimated.  With the probability estimate, it becomes possible for Huprey Co. to also estimate the amount that the happening of the event will cost it.

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