Answer:
20 times
Step-by-step explanation:
Given the following :
Probability of rolling a number less than 3 on a number cube:
Required outcome = (1, 2)
Total possible outcomes = (1, 2, 3, 4, 5, 6)
Required outcome / Total possible outcomes
= 2 /6
= 1/3
Hence, if number cube is rolled 60 times, number of times a number less than 3 is expected :
(Probability of obtaining a number less than 3 in one roll × number of rolls)
= (1 / 3) × 60
= 60 / 3
= 20 times
Number of shares
1050/10=105
After one year share value
10×(1+0.13)=11.3
After the second year share value
11.3×(1−0.05)=10.735
Total
10.735×105=1,127.175
÷
. . .
÷
=11.5