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Total balls = 5 + 4 + 3 = 12. Total ways to choose 3 balls = 12C3 = 220. Favorable ways = 5C1 × 4C1 × 3C1 = 5 × 4 × 3 = 60. Probability = 60/220 = 3/11. Correct option: b
Which of the following statements is NOT CORRECT in the context of an Open Economy IS-LM Model under Floating Exchange Rate (with fixed price) and Perfe...
Identify the order of chronological development of the theory of demand.
a. Marshall’s theory of demand
Judging from the figure, a person that chooses to consume bundle C is likely to
What is the basis of international trade in the Heckscher-Ohlin model?
If rxy = 0.4, then r(2x, 2y) is equal to:
The reduction in cost due to increase in efficiency is referred as_____.
A consumer purchases x1 = 40, x2 = 20 at the prices p1 = 4 and p2 = 12. He is also observed to purchase x1 = 36 and x2 = 8 at the prices p1 = 6 and p2 =...
Two mutually exclusive events
If the demand is 100 during October 2016, 200 in November 2016, 300 in December 2016, 400 in January 2017. What is the 3-month simple moving average for...
Suppose the relationship between Y and two explanatory variables in true model is Yi = 5+2.4X1i-3.5X2i + ei . What is the value of beta(1) in the regres...