1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tasya [4]
3 years ago
5

There are three clues labeled "daily double" on the game show Jeopardy. If three equally matched contenders play, what is the pr

obability that: a. A single contestant finds all three "daily doubles"? b. The returning champion gets all three of the "daily doubles"? c. Each of the players selects precisely one of the "daily doubles"?
Business
1 answer:
yulyashka [42]3 years ago
7 0

Answer:

a)  0.0358

b)  0.0395

c)  0.1506

Explanation:

Number of clues "daily doubles" = 3

Determine the probabilities

<u>a) P(single contestant finds all three ) </u>

assuming event A= a returning champion gets the "daily double" in first trial

P(A) = 1/30 , P(~A) = 29/30              

assuming event B = any player picks up "daily double" after the first move

P(B |~A ) = 1/3

hence : P ( B and ~A ) = 29/30 * 1/3 = 29/90

<em>considering second round </em>

P(player chooses both daily doubles ) = 1/3 * 1/3 = 1/9

∴ P(single contestant finds all three )  = 29/90 * 1/9 = 0.0358

<u>B) P ( returning champion gets all three ) </u>

= (1/30 + 29/90 )* 1/9

= 32 / 810 = 0.0395

<u>c) P ( each player selects only one )</u>

P = 32/405 + 29/405

  = 61 / 405 = 0.1506

You might be interested in
At the beginning of 2020, Sun Angel Corporation began offering a two-year warranty on its products. The warranty program was exp
Artemon [7]

Answer:

$2,210,126

Explanation:

Calculation to determine what The amount reported on Sun Angel's 2020 year end balance sheet for Estimated Warranty Liability is:

Estimated Warranty Liability=(1%+3%*$184,743,795)-$5,179,626

Estimated Warranty Liability=$7,389,752-$5,179,626

Estimated Warranty Liability=$2,210,126

Therefore The amount reported on Sun Angel's 2020 year end balance sheet for Estimated Warranty Liability is:$2,210,126

5 0
3 years ago
Help! I already choose one of the correct answers
Eva8 [605]
1,D u answered it 2,B 3,A 4,E 5,C
8 0
3 years ago
Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the $10,000 in a non-interest-bear
Aleksandr-060686 [28]

Answer:

$800

$1,000

The quantity of money demanded decreases as the interest rate rises.

Explanation:

a

To calculate the opportunity cost on government bond at 8%, we use the following method

Opportunity Cost for 8% interest rate on Government Bonds

= (8/100)%× $10,000

= 0.08% ×$10,000

= $800

To calculate the opportunity cost government at bond on 10%, we use the following method

Opportunity Cost for 10% interest rate on Government Bonds

= (10/100)%× $10,000

= 0.1%×$10,000

= $1,000

b. The quantity of money demanded decreases as the interest rate rises.

4 0
3 years ago
A company purchases a machine for $12,000. The estimated residual value is $4,000. The machine has a useful life of 5 years, and
tatuchka [14]

Answer:

$2,400

Explanation:

The computation of the depreciation expense under the activity-based depreciation method is shown below:

= (Original cost - residual value) ÷ (estimated production units)

= ($12,000 - $4,000) ÷ (20,000 units)

= ($8,000) ÷ (20,000 units)

= $0.4 per unit

Now for the first year, it would be

= Production units in first year × depreciation per unit

= 6,000 units × $0.4

= $2,400

8 0
3 years ago
Your company is interested in producing and marketing a line of coffee that will penetrate the European market. Your firm is wil
Mrac [35]

A franchise can be used.

<h3><u>Explanation:</u></h3>

Franchise refers to the authorization that is given by the government for involving in commercial activities. It is the permission that is obtained legally for using the ideas, expertise and processes of some one else with their permissions.

In the example given, a firm is willing to provide all necessary materials for the preparation of coffee and wants to penetrate the European market. The company here provides all the equipment, ingredients, trademarks and operating systems and hence it can make use of franchise type of strategy.

7 0
3 years ago
Other questions:
  • BuzzInc. sold a piece of equipment during the period for $230,000 and recorded a gain of $45,000 on the sale. How should this ga
    5·1 answer
  • AIS documentation is useful for accomplishing all of the following except:
    12·1 answer
  • Explain what is meant by "Information Technology (IT) flattens organizations?
    13·1 answer
  • During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a: a. no
    11·1 answer
  • Jerry quarry sells building stone in a perfectly competitive market. At a its current level of building stone production, jerry
    5·1 answer
  • In its first year of operations Acme Corp. had income before tax of $400,000. Acme made income tax payments totaling $150,000 du
    6·1 answer
  • Green Grocer and Futurity Farms enter into an agreement whereby Futurity will supply Green Grocer with 200 dozen eggs every two
    8·1 answer
  • The book balance in the checking account of Kyri Enterprises as of November 30 is $2,964. The bank statement shows an ending bal
    10·1 answer
  • Individuals may find it more advantageous to purchase claims from a financial intermediary rather than directly purchasing claim
    9·1 answer
  • Sustainability programs often find their success beyond company boundaries, thus ______ systems and _____ metrics cannot capture
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!