International Business QNM222 Chapter Notes -Debit Card
12 Mar 2014
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If the conditions today repeat themselves an infinite number of days rain will fall on 10% of the next days. If all the teams in major league baseball have exactly the same players the new york yankees will win 25% of all. 6. 3 a {a is correct, b is correct, c is correct, d is correct, e is correct} P(a is correct) = p(b is correct) = p(c is correct) = p(d is correct) = p(e is correct) = . 2 c classical approach d in the long run all answers are equally likely to be correct. The dow jones industrial index will increase on 60% of the days if economic conditions remain unchanged. 6. 5 a p(even number) = p(2) + p(4) + p(6) = 1/6 + 1/6 + 1/6 = 3/6 = 1/2. 6. 7a p(adams loses) = p(brown wins) + p(collins wins) + p(dalton wins) = . 09 + . 27 + . 22 = . 58.
