document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=977616>Question 977616</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 15. The probability that a recently offered stock by a technology company will double in<BR>\n" );
document.write( "value within the next three months is 90%. The conclusion regarding this probability<BR>\n" );
document.write( "estimate was reached based on the opinion of the experts in the technology field to<BR>\n" );
document.write( "which this stock belongs and also on the belief of the experts. Estimating probability in<BR>\n" );
document.write( "this way is an example of<BR>\n" );
document.write( "(a) subjective probability.<BR>\n" );
document.write( "(b) classical probability.<BR>\n" );
document.write( "(c) joint probability.<BR>\n" );
document.write( "(d) marginal probability.<BR>\n" );
document.write( "5<BR>\n" );
document.write( "16. The three main counting rules useful in determining probabilities are:<BR>\n" );
document.write( "(a) permutations, combinations, and sample points.<BR>\n" );
document.write( "(b) k&#8208;step experiment, decision trees, and permutations.<BR>\n" );
document.write( "(c) permutations, combinations, and k&#8208;step experiments.<BR>\n" );
document.write( "(d) permutations, combinations, and experimental outcomes.<BR>\n" );
document.write( "18. One of the counting rules used to determine the total number of possible outcomes for<BR>\n" );
document.write( "experiments in which the order of selection does not matter or the one that ignores the<BR>\n" );
document.write( "order of selection is<BR>\n" );
document.write( "(a) filling the slot.<BR>\n" );
document.write( "(b) k&#8208;step experiment.<BR>\n" );
document.write( "(c) permutations.<BR>\n" );
document.write( "(d) combinations.<BR>\n" );
document.write( "19. The number of ways of selecting k distinct objects from a group of n distinct objects<BR>\n" );
document.write( "where the order of selection is important is known as<BR>\n" );
document.write( "(a) number of combinations of n objects using k objects at a time<BR>\n" );
document.write( "(b) number of permutations on n objects using k at a time.<BR>\n" );
document.write( "(c) number of filling n slots after the first slot is filled.<BR>\n" );
document.write( "(d) number of combinations of all objects in the experiment.<BR>\n" );
document.write( "20. A company must select 3 employees from a department that has a total of 5 employees<BR>\n" );
document.write( "to attend a workshop in quality management. The number of possible selections are<BR>\n" );
document.write( "(a) 15.<BR>\n" );
document.write( "(b) 60.<BR>\n" );
document.write( "(c) 10.<BR>\n" );
document.write( "(d) 20.<BR>\n" );
document.write( "21. From a group of 5 men and 4 women, a committee is to be formed consisting of 2 men<BR>\n" );
document.write( "and 2 women. The number of possible ways this committee can be formed:<BR>\n" );
document.write( "(a) 4.<BR>\n" );
document.write( "(b) 30.<BR>\n" );
document.write( "(c) 10.<BR>\n" );
document.write( "(d) 60.<BR>\n" );
document.write( "22. A company is planning to expand its operations. They are currently considering 9<BR>\n" );
document.write( "different locations. Two of these are in Ohio. If the locations are selected at random<BR>\n" );
document.write( "from the 9 locations being considered, the probability of selecting the two sites in Ohio<BR>\n" );
document.write( "is<BR>\n" );
document.write( "(a) 0.056<BR>\n" );
document.write( "(b) 0.028<BR>\n" );
document.write( "(c) 0.045<BR>\n" );
document.write( "(d) 0.036<BR>\n" );
document.write( "23. From a bag containing 10 white and 5 red balls, a ball a ball is drawn at random. The<BR>\n" );
document.write( "probability that the ball is red is:<BR>\n" );
document.write( "(a) 1/4<BR>\n" );
document.write( "(b) 1 /2<BR>\n" );
document.write( "(c) 1/3<BR>\n" );
document.write( "(d) 1/15 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #599186 by </B><A HREF=/tutors/aboutme.mpl?userid=solver91311><B>solver91311(24713)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=solver91311><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=solver91311><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=599186\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <font face=\"Times New Roman\" size=\"+2\">\r<BR>\n" );
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document.write( "Apparently you didn't read the part of the instructions that tell you not to just dump your whole assignment and expect it to get done for you.  Not happening; today or ever.\r<BR>\n" );
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document.write( "John<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE e^{i\pi}\ +\ 1\ =\ 0\"><BR>\n" );
document.write( "My calculator said it, I believe it, that settles it </SPAN>\n" );
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