Tickets numbered 1 to 50 are mixed up and then a ticket drawn at random. What is the probability that the ticket drawn bears a number which is multiple of 8?
S= 1, 2, 3, 4 …………….. 50 = 50 E = Event of getting the multiple of 8 = 8, 16, 24, 32, 40 & 48 ∴ P (E) = `(n (E))/(n (S))` = `(6)/(50)` = `(3)/(25)`
Hirschman takes divergent series of investment as a project that :
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