Question
A bag contains 5 red and 3 black balls. One is drawn at
random. It is red. Then without replacement, another is drawn. What is the probability that it is also red?Solution
Let R1 be the event that the first ball drawn is red, and R2 be the event that the second ball drawn is red. We want to find the probability P(R2 ∣ R1), which is the probability that the second ball drawn is red given that the first ball drawn was red. Initially, the bag contains: Number of red balls = 5 Number of black balls = 3 Total number of balls = 5 + 3 = 8 In the first draw, one ball is drawn at random and it is red. After the first draw, the state of the bag is: Number of red balls remaining = 5 - 1 = 4 Number of black balls remaining = 3 Total number of balls remaining = 8 - 1 = 7 Now, for the second draw, we want to find the probability that the ball drawn is red, given the new contents of the bag. The number of favorable outcomes (drawing a red ball) is 4. The total number of possible outcomes (drawing any ball) is 7. The probability of drawing a red ball in the second draw, given that a red ball was drawn in the first draw, is:
Which of the following global e-commerce company becomes world's first listed firm to lose $1 trillion in market cap?
In which type of tax is the marginal tax rate higher than the average tax rate?
India's wholesale price index (WPI)-based inflation in July came in at_________, significantly higher than (-)4.12 percent reported in June on account o...
For grant of Miniratna Category-I status to Central Public Sector Enterprises (CPSEs), the CPSEs have made profit in the last ______ years continuously.
Within the AD-AS model, a phenomenon known as stagflation is best represented by a shift in which curve, and with what consequence for the short-run equ...
Which of the following bank renamed and nationalised as the State Bank of India in 1955?
What does the abbreviation "SIP" stand for in mutual funds?
What is the primary focus of the Priority Sector Lending (PSL) guidelines in India?
What is the minimum capital adequacy ratio required for Indian banks under the Basel III norms?
Canara Bank was nationalized in which of the following year?