What is the probability that exactly one of the cards

Assignment Help Business Economics
Reference no: EM131877297

Suppose we take a deck of 52 cards, and throw away all of the Queens. We take an ace of spades, a two of spades, a three of spades, and a four of spades from a second deck of cards, and add these to our first deck. Thus our deck has 2 ace of spades, 2 two of spades, 2 three of spades, and 2 four of spades, but no Queens, and is standard in all other ways. We shuffle this deck, and deal ourselves the top two cards, C1 and C2. What is the probability that exactly one of the cards is an ace, and the other is a seven?

Reference no: EM131877297

Questions Cloud

Standard deck of cards : Suppose you have a non-standard deck of cards. The deck has 25 cards: 5 Aces, 5 2's, 5 3's, 5 4's, and 5 5's. Suppose the deck is well-shuffled.
What is the probability that you get exactly two : What is the probability that you get exactly two 3's AND exactly four 4's (in any order)?
What are some other alternatives to the nuclear power plants : What disadvantages are there in giving FPL the licenses for these new plants? What are some other alternatives to the nuclear power plants?
Describe an overview of cam and its categories : Compare and contrast conventional current regulations and oversights that exist in the United States with that of nonconventional medicine.
What is the probability that exactly one of the cards : We shuffle this deck, and deal ourselves the top two cards, C1 and C2. What is the probability that exactly one of the cards is an ace, and the other is a seven
What is the probability that all of the students : What is the probability that all of the students have the same birthday?
Compute the activity rates for the activity cost pools : Compute the activity rates (i.e., cost per unit of activity) for the activity cost pools. Round off all calculations to the nearest whole cent
Describe an overview of cam and its categories : Compare and contrast conventional current regulations and oversights that exist in the United States with that of nonconventional medicine.
Researching the us healthcare system : Student will research the US Healthcare system, including the important health outcomes as well as cost and access to care (medical and behavioral).

Reviews

Write a Review

Business Economics Questions & Answers

  First run theatrical presentations

Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed? (HINT: Distribution has nothing to do with how old a movie patron is.) What are the different price points? Using this ..

  After much experimentation and trial and error

After much experimentation and trial and error, TechSmart launched a GPS-enabled shoe into the market. It was the ±rst company to introduce such footwear. Later, several other ±rms also began to o²er similar shoes. Which of the following is most like..

  How has price discrimination affected total surplus

Now suppose that the monopolist in problem #3 can separate the two groups and charge separate, profit-maximizing prices to each group. What will these prices be? What is consumer surplus? What are total profits? If total surplus is consumer surplus p..

  Write an international business and business related issue

Focus and write an International Business and Business Related Issue related for an International Business, Country or a commodity. A international proposal paper or business plan is also required.

  Strategy on sustainable development

Has Poland put together a strategy on sustainable development that addresses specifically the challenges you mentioned as well as to meet EU targets?

  How does the emergence of interest-rate risk

How does the emergence of interest-rate risk help explain financial? innovation?

  Take to other governments when they act badly

Is war only called for when our country is directly threatened by another country, or are there additional reasons to justify taking up arms against another nation? If not, then are there alternative responses our country can take to other government..

  Consumers will be in equilibrium with respect to the consump

Empirical estimates of the price elasticity of demand suggest that the demand for household consumption of alcoholic beverages is

  Best definition of privacy

Conflicts of interest are an ethical problem for a business because they _______. One of the biggest issues in consumer privacy is when _______. Which of the following is the best definition of privacy?

  What is number of schools that achieves static efficiency

A country is deciding how many schools to open in a given state. The costs and benefits per school are given by: Total Benefits = 314S -1.6S^2. Total Costs = 50S + 1.7S^2. What is number of schools that achieves static efficiency?

  Lending institution expect to earn

Universal Savings & Loan has $10,000to lend. Risk-free loans will be paid back in full next year with 8%interest. Risky loans have a 10%chance of defaulting (paying back nothing) and a 90%chance of paying back in full with 20%interest.

  Identify entrepreneurial projects supported by public funds

Propose at least three methods that governments should employ to reduce their exposure to asymmetric information problems when attempting to identify entrepreneurial projects supported by public funds

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