Step-by-step explanation:
There is 10 questions which in this case are the trials.
We know we can either get a question right or wrong so the two outcomes are right or wrong.
The probability that a student choose the right outcome is 1/4. since there is one right answer out of 4 chocies.choices.
Yes, the trials likelihood outcome of each outcome is the same. so it's independent
Answer:
it is 192000 is got it right
500 at 40 each = £20000
To make a profit he needs to make more than £20000
20 broke so he sold 500-20 = 480 at 45 each.
480 x 45 = 21600
Profit = 21600 -20000 = 1600
His profit was £1,600
