A. Opportunity cost is “the loss of potential gain from other alternatives when one alternative is chosen.” What you are losing is the chance for more money.
Using the binomial distribution, it is found that there is a:
- 0.0036 = 0.36% probability that both are allergic to pollen.
- 0.1164 = 11.64% probability that at least one is allergic to pollen.
<h3>What is the binomial distribution formula?</h3>
The formula is:


The parameters are:
- x is the number of successes.
- n is the number of trials.
- p is the probability of a success on a single trial.
Researching the problem on the internet, it is found that:
- 6% of the population is allergic to pollen, hence p = 0.06.
- Two people are chosen at random, hence n = 2.
The probability that both are allergic is P(X = 2), hence:
P(X = 2) = 0.06^2 = 0.0036.
0.0036 = 0.36% probability that both are allergic to pollen.
The probability of at least one is:
P(X >= 1) = 1 - P(X = 0) = 1 - 0.94^2 = 1 - 0.8836 = 0.1164.
0.1164 = 11.64% probability that at least one is allergic to pollen.
More can be learned about the binomial distribution at brainly.com/question/24863377
Answer: I don’t know the song but I’ll check it out!
Explanation:Have a great day!✌