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
nordsb [41]
3 years ago
8

Two guys walk into a bar; the third one ducks. If these three men acted independently, and the probability is 0.7 that a person

who is about to walk into a bar instead ducks to avoid the bar, then what was the probability of observing the first two walking into the bar and the third ducking?
Business
1 answer:
allsm [11]3 years ago
7 0

Answer:

0.063

Explanation:

Given

Probability of a person to not enter into a bar or ducking   is 0.7

Probability of a person to  enter into a bar  

1 - (Probability of a person to not enter into a bar or ducking)

Substituting the given value, we get

Probability of a person to enter into a bar  

= 1 - 0.7 \\= 0.3

Total three men attempts to enter into the bar and their course of action is independent of each others

Thus, probability of observing the first two walking into the bar and the third ducking will be equal to the product of individual probabilities

= 0.7 * 0.3 * 0.3\\= 0.063

You might be interested in
The Berne Conventions provides for international protection of copyrights.<br><br> True<br> False
kolezko [41]
False thank me later guys :)
8 0
2 years ago
If the absolute value of the own price elasticity of demand is greater than 1, then demand is said to be:
OLEGan [10]

Answer:

A. elastic.

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is elastic when a change in price leads to a change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than one.

Demand is inelastic when a change in price has no effect on quantity demanded.

The absolute value of the coefficient of elasticity for inelastic demand is usually less than 1.

Demand is unitary when a change in price leads to an equal proportional change in quantity demanded.

The absolute value of the coefficient of elasticity for unitary demand is usually equal to one .

I hope my answer helps you.

8 0
3 years ago
Arnie made 800,000 after deducting expenses when he sold the helicopter
Maksim231197 [3]
I think the correct answer is c , hope I helped
6 0
3 years ago
A company finds that there is a linear relationship between the amount of money that it spends on advertising and the number of
ser-zykov [4K]

Answer:

y = (x / 100) + 100

Explanation:

First, we need to know the amount of money that it spends on advertising for each extra unit sold. That would be equal to: 2,500 / 25 = 100

This value will be the divisor of the advertising expense (x) to obtain the variable factor of the number of units.

Since 100 units are already sold without investment, this value is taken as fixed and added.

And with the previous data, the formula remains:

y = (x / 100) + 100

4 0
3 years ago
_________________ based vpns are appropriate when the endpoints are controlled by different organizations and network administra
sergij07 [2.7K]
<span>Software vpns are often the choice when connecting different organizations and network administrators. This choice is led by two factors. Software vpns are less expensive and offer easier and more flexible configuration</span>
8 0
3 years ago
Other questions:
  • Common ways to be generative include caregiving, employment, and _____. goal-setting exercises parenthood travel financial secur
    8·1 answer
  • What are the characteristics of a mixed economy?
    8·1 answer
  • What is important to know about yourself when making a career choice?
    6·1 answer
  • Releasing more information, in a common-value auction is a. ​Good for the bidders because it reduces the risk that they face b.
    9·1 answer
  • An asian buyer meets with a broker and asks to be shown homes. if she doesn't ask to see homes in areas with no asian residents,
    9·1 answer
  • As a result of the rising interest rates in this example, Businesses choose to reduce their Investment Spending by $_________ bi
    5·1 answer
  • James, a store manager, works at Fresco LLC. His store is located in the traditional downtown financial business area in the cit
    7·1 answer
  • If you respond correctly you get brainliest: guess what
    15·2 answers
  • A company’s unit costs based on 100000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $165
    8·1 answer
  • The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 26 percent of its bu
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!