Answer:
probability = 0.183 %
Explanation:
given data
produce products = 3 %
probability for producing products b = 6.1
solution
Both companies produce different products and the likelihood of bankruptcy varies depending on the product produced. So, the bankruptcy potential of A and B companies is independent.
we will multiply the probability of each company's bankruptcy and that will be
probability = P(A=bankrupt) × P(B=bankrupt)
probability = 3% × 6.1%
probability = 0.183 %
2
hope this helps, good luck! :)
Answer:
the study of civics is the study of the rights and obligation of citizens on society.
current events is the important events or social events that are happening in the world now.
political science is the study of how people get or compete for power and how it is used in governing a country.
The most significant long-term financial reform in the United States is the Glass-Steagall Act.
<h3>
What are FInancial Reforms?</h3>
Financial reform is the procedure of transitioning from government-regulated rates of interest to market-determined interest rates and pricing.
It is a policy initiative intended to renationalize and change the financial system in order to achieve an economic liberalization market-oriented system within an adequate regulatory framework.
The Glass-Steagall Act is one of the most significant financial reforms in the United States. This is because it enhanced bank regulation and restricted how banks invested their clients' money.
Learn more about Financial reforms here:
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