What proportion of the figures are triangles

Assignment Help Business Economics
Reference no: EM132110589

A box contains colored circles and triangles. 60% of all the figures are red, while 40% are blue. Of the red figures, 1/3 are triangles, and of the blue figures, 3/4 are circles.

(a) What proportion of the figures are triangles?

(b) If a circle is randomly drawn, what is the probability that it is red?

(c) If a triangle is randomly drawn, what is the probability that it is blue?

Reference no: EM132110589

Questions Cloud

Restocking method of distribution within healthcare facility : What considerations would you think about when selecting a restocking method of distribution within a healthcare facility?
Define the methods for recording treasury stock transactions : Define the methods for recording treasury stock transactions. Provide an example of the initial purchase and then the reissuance of the shares
Raise test scores : Recess has been eliminated in many schools across this country to provide more time for instruction and to raise test scores.
Cause-and-effect relationship in your strategy map : Describe its cause-and-effect relationship in your strategy map.
What proportion of the figures are triangles : (a) What proportion of the figures are triangles? (b) If a circle is randomly drawn, what is the probability that it is red?
Compute the cost of goods sold : Using the three flow assumptions listed below, compute (1) the cost of goods sold, and (2) the cost of the inventory of this product on hand after this sale
Develop aboriginal youth leadership in hiv prevention : SOC-481: Based on your reading, summarize what you consider to be the main strengths of these sections of the proposal. Why? (75-100 words)
What are the main purpose for the demand : What are the main purpose for the demand of money and why is credit cards not considered as money?
Influences the readers understanding of the story : The tone is unmistakably strained and very indicative of the world of the American expatriates, in which Hemingway lived pages 74-79).

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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