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serious [3.7K]
3 years ago
12

A thief steals an ATM card and must randomly guess the correct three​-digit pin code from a 9​-key keypad. Repetition of digits

is allowed. What is the probability of a correct guess on the first​ try?
Business
1 answer:
Dennis_Churaev [7]3 years ago
7 0

Answer:

The thief has a 0.11% probability of hitting the pin code on the first try.

Explanation:

Simply, if the ATM card has a 3-digit code that can be repeated, and the board has 9 numbers (for example, from 1 to 9), we must start from the smallest number that could be formed with these numbers to the highest number that these numbers could also compose, which in the case would be 111 and 999. Then, 889 different numbers could be formed (it is the distance between 111 and 999), with which the possibility of hitting the key to the first attempt would be 1 in 889 times, or 1/889.

To take the probability to a percentage, we must know that 889 / 8.89 gives 100. Therefore, dividing 1 / 8.89 we will know the percentage of probabilities of hitting the key on the first attempt: 1 / 8.89 = 0.11.

This shows us that the thief has a 0.11% probability of hitting the key on the first try.

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During the spring and summer of 2016, when gasoline prices were rising quickly, politicians in several countries proposed and a
vaieri [72.5K]

Answer:

consumers would find it cheaper to buy gasoline

Explanation:

In the short run a tax cut or tax suspension as we have In this question is able to increase demand because it increases peoples disposable income. This tax cut of $0.4 would remove burden on gasoline consumers. By removing the tax on gasoline the price of gasoline would become lower and consumers would find it easier and cheaper to purchase

5 0
4 years ago
roject A costs $6,000 and will generate annual after-tax net cash inflows of $2,150 for five years. What is the payback period f
Elden [556K]

Answer:

It will take 2.79 years to cover the initial investment.

Explanation:

Giving the following information:

Project A costs $6,000 and will generate annual after-tax net cash inflows of $2,150 for five years.

<u>The payback period is the time required to cover the initial investment:</u>

Year 1= 2,150 - 6,000= -3,850

Year 2= 2,150 - 3,850= -1,700

Year 3= 2,150 - 1,700= 450

<u>To be more accurate:</u>

<u></u>

(1700/2150)= 0.79

It will take 2.79 years to cover the initial investment.

6 0
3 years ago
Are the ones answering you real people
Nuetrik [128]

Answer:

For which questions dud

7 0
3 years ago
In a competitive market, the quantity of a product produced and the price of the product are determined by:
almond37 [142]

Answer:

All buyers and sellers

Explanation:

A competitive market is a market where there are lots of producers who produces goods and service hence compete with one another with a view to providing and supplying goods and services that suits the needs of consumers.

In a competitive market, there are no barriers to entry and exit. Also, there are many buyers and sellers, hence there is adequate information about the price of a product. There are also no cost attached to transactions, undifferentiated products and both buyers and sellers determines the quantity of a product produced and the price of the product.

4 0
3 years ago
Raising money to fund their programs, providing education, providing service to those affected, and advocating are the basic obj
dlinn [17]

Organizations that engage in these activities including advocacy and education, are known as <u>Philanthropic organizations. </u>

<h3>What is a philanthropic organization?</h3>
  • They are non-profit organizations.
  • They champion various causes related to the provision of basic human rights to the less privileged.

The only way they are able to engaged in these causes and programs is by raising funds and they do this through various ways such as receiving charitable donations and engaging in business.

In conclusion, this is a philanthropic organization.

Find out more on philanthropic organizations at brainly.com/question/1362883.

3 0
3 years ago
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