Probability of selecting two green marbles

Assignment Help Macroeconomics
Reference no: EM131097494

Suppose you place 6 green, 8 blue, and 2 yellow marbles in a non-transparent bag. You then randomize the marbles by shaking them up thoroughly. Assume you then randomly select two marbles from the bag without replacement.

What is the probability of selecting two green marbles?

Reference no: EM131097494

Questions Cloud

Desperate to replace gas-guzzling planes : When oil prices were high, airlines were desperate to replace gas-guzzling planes with new, fuel-efficient ones. Given the daunting commercial outlook, many preferred to lease their new jets, leaving the leasing firms to stump up the capital requi..
The distinction between efficiency and equality : The distinction between efficiency and equality can be described as follows:
T-bills to offset the effect of cash deposits into banks : In November, the Federal Reserve begins buying massive amounts of US t-bills to offset the effect of cash withdrawals from banks. At year's end, it begins selling massive amounts of T-bills to offset the effect of cash deposits into banks. just what ..
Automated production line with an installed initial cost : Last fiscal year 01-Jan to 31-Dec, Norco, Inc., had a gross revenue of $20,000,000, cost of goods sold and interest expenses of $5,000,000, and total depreciation charges of $5,000,000. Also on October 1 of last year, Norco completed purchase of and ..
Probability of selecting two green marbles : Suppose you place 6 green, 8 blue, and 2 yellow marbles in a non-transparent bag. You then randomize the marbles by shaking them up thoroughly. Assume you then randomly select two marbles from the bag without replacement.
Create a class account that stores customer name account : Create a class account that stores customer name, account number and type of account. From this derive class es curr_acct and sav_acct to make them more specific to their requirements. Include necessary member functions in order to achieve the follow..
Free trade improves the wealth of all nations : We have learned that there are significant gains from trade and that free trade improves the wealth of all nations. However, while international trade can make a country as a whole better off, it can also make some agents worse off. Please elaborate ..
What are the long-range benefits of a true merit program : What are the long-range benefits of a true "merit" program? What are the problems associated with the lack of such a "merit" system for department chairs? Why? If the Dean does not change his policy, what are the long-run implications for the c..
Determine two control parameters in a satisfactory manner : Increase the derivative gain only slightly. Experiment with control parameters to understand how difficult it is to determine two control parameters in a satisfactory manner.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Draw an aggregate demand(ad)-aggregate supply (as)

Draw an aggregate demand(AD)-aggregate supply (AS) complete framework that shows where the US economy in a full employment equilibrium& then where it is now.

  Effects on the exchange rate among the british pound

Effects on the exchange rate among the British pound and the Japanese yen.

  Discuss the differences among commodity money and fiat money

Discuss the differences among commodity money and fiat money, making sure to explain what makes fiat money work.

  How thw economy revoves from a recession and returns

How thw economy revoves from a recession and returns to its long-run equilibrium with out any policy intervention.

  Why gabriella often faces a trade-off time at the beach

Gabriella often faces a trade-off between time at the beach and time working as a model. She earns $40 per hour as a model and values going to the beach at the same price. When explaining this to her parents she says.

  Least cost combination of input choices

The financial analysis department at MorTex estimates that the price of a textile machine is $ 600 per day. Can management reduce the cost of assembling 5,400 units per day by purchasing a textile machine and using less labor? Why or why not?

  What happens during first stage to equilibrium price level

Consider the process by which the economy self-corrects following an initial increase in aggregate demand. This process is similar to the process of self-correction following an initial decrease in aggregate demand, but in reverse.

  Calculating the marginal physical product

What is the marginal physical product of the fifth worker? What is the weekly wage of the fifth worker? What does the price of output need to be in order for the firm to profit from hiring the fifth worker?

  Laurel price elasticity of demand

What is the price elasticity of the market demand for Harry Potter at P = 12.5? Compare it to Laurel's price elasticity of demand at the same price. Which is larger? Why?

  Explanation of game theory

You're the manager of copies are us. The only copy store in town, the carbon copy, recently got bids on adding a colour copier.

  The malthusian model to describe the situation in

the malthusian model to describe the situation in twilightia. in particular the relationship between its income per

  Derive the strategies that survive the iterative deletion

Assume that x1 and x2 can take any value (0,1,2,3,4,5). The payoff to student i is 10 - xi if she gets an A and 8 - xi if she gets a B, i = 1, 2.  Derive the strategies that survive the iterative deletion of strictly dominated strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd