A graph titled Monthly Sales and Advertising Costs has Advertising Costs (1,000 dollars) on the x-axis and sales (1,000 dollars)
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The probability that one of each color is selected is
The probability of an event is the chances of the said event
The given parameters are:
- Total = 10
- Red = x
- Blue = 10 - x
The probability that one of each color is selected is calculated as follows:
So, we have:
This gives
Take LCM
Simplify the above expression
Expand
Hence, the probability that one of each color is selected is
Read more about probabilities at:
Answer:
0.6517
Step-by-step explanation:
Given that in a certain game of chance, your chances of winning are 0.3.
We know that each game is independent of the other and hence probability of winning any game = 0.3 (constant)
Also there are only two outcomes
Let X be the number of games you win when you play 4 times
Then X is binomial with p = 0.3 and n =4
Required probability
= Probability that you win at most once
=
We have as per binomial theorem
P(X=r) =
Using the above the required prob
= 0.6517