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What is the rate of inflation this year

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1. Suppose the buying power of a dollar decreases by 4% this year. What is the rate of inflation this year? Round your answer to the nearest tenth of a percent.

2. You have a plate of 50 cookies. Ten have chocolate chips and 12 have pecans. Of the cookies mentioned in the preceding sentence, 4 have both chocolate chips and pecans. You select a cookie at random. What is the probability that your cookie has chocolate chips or pecans?

3. Consider the experiment of tossing three coins. What is the probability of getting at least one tail?

Reference no: EM132921941

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