A fair coin is tossed thrice, what is the probability of getting all 3 same outcomes?
S = {HHH, HHT, HTH, HTT, THH, THT, TTH, TTT} All 3 same outcomes mean either all head or all tail Total outcomes = 8 Favourable outcomes = {HHH, TTT} = 2 ∴ required probability = 2 ⁄8 = 1 ⁄4 .
Which of the following four-firm concentration ratios is most consistent with perfect competition?
In a frequency distribution the last cumulative frequency is 500. Q3 must lie in?
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of all female students, 5% major in economics. What is the probability that a student selected at random will be a male economics student?
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
| [if !supportLists]-->i. [endif]-->MR is negative |
| [if !supportLists]-->ii. [endif]-->MR=0 |
| [if !supportLists]-->iii. [endif]-->MR is positive |
