Question
A box contains red, green, and blue balls. The
probability of picking a blue ball at random is 1/4. The combined number of red and green balls is 15. If the number of green balls is 3 more than the number of blue balls, what is the probability of picking 2 red and 1 green ball?Solution
ATQ,
Probability of picking red and green balls = 1 – 1/4 = 3/4 Let total number of balls = 4x and red + green = 3x So, 3x = 15 ⇒ x = 5 Total number of balls = 4x = 20 Number of blue balls = x = 5 Number of green balls = 5 + 3 = 8 Number of red balls = 15 – 8 = 7 Required probability = (⁷C₂ × ⁸C₁) / ²⁰C₃ = 14/95
If a Cobb-Douglas production is Q = K0.4 L0.6 the function is
For the regression specification y = α + βx + ε the OLS estimates result from minimizing the sum of
...Which of the following is/are the aim/aims of "Digital India" Plan of the Government of India?
- Formation of India's own ...
What is the currency deposit ratio (cdr)?
Knife edge problem is associated with the following growth models?
In an oligopoly, firms consider the reactions of rival firms before changing their output or price. This is known as:
What is the probability of getting atleast one head if three unbiased coins are tossed?
'Distributed Profits' is also known as:
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in...
Mean salary of total 100 employees was given to be 800. Also, mean salary of male and female employees was 400 and 900 respectively. Find the percent...