your grandfather bought a baseball card in 1960 for $50. the card appreciates 3% in value every year. How much will it be worth
1 answer:
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Answer:
Step-by-step explanation:
Since each trial is independent of the other
no of mistakes he does is binomial with p = 1/3
a) the probability that he makes no mistakes on his first 10 orders but the 11th order is a mistake
=
b) Prob that shanker quits = P(Shankar does I one mistake and Fran does not do the first one)+Prob (Shanker does mistake in the II one while Fran does both right)
=