What is the probability that he makes at least two

Assignment Help Business Economics
Reference no: EM13153415

A college basketball player makes 77% of his free throws. At the end of a game, his team is losing by two points. He is fouled attempting a three-point shot and is awarded three free throws. Assuming each free throw is independent, what is the probability that he makes at least two of the free throws?

Reference no: EM13153415

Questions Cloud

Intervention of government in market process in u.s : Explain why government regulation is needed, citing the major reasons for government Involvement in a market economy and justify the rationale for the intervention of government in the market process in the U.S.
What is the expected return for the market based on the cap : Gizmo Corp. common stock has a required return of 14.4% and a beta of 1.5. If the expected risk free return is 5%, what is the expected return for the market based on the CAPM?
Explain computation of the value of the portfolio : An error of .01 in the computation of the short interest rate, approximately what error do you expect to make in the computation of the value of the portfolio?
Define oxygen a person consume at every breath : Assume every breath a person took is 0.5L of air, figure out how many grams of Oxygen you consume at every breath. Now assume that you breathe 30 times per second, figure out how long it took for you to consume all the oxygen in a sealed room of 1..
What is the probability that he makes at least two : He is fouled attempting a three-point shot and is awarded three free throws. Assuming each free throw is independent, what is the probability that he makes at least two of the free throws?
Did the flasks that visually had the most dead cells : Did the flasks that visually had the most dead cells in them have significantly more cells stain blue when Trypan Blue was added than the flasks that appeared healthy (The answer is NO).
Managerial significance of the accounting : Prepare the appropriate journal entries for fiscal 2007. Assume the marina operator is unsophisticated in business. Explain the managerial significance of the accounting above to this person.
Recognized gain on the sale : The buyer paid him $110,000 in cash, agreed to take the title subject to the $190,000 mortgage, and agreed to pay him $80,000 with interest at 9 percent one year from the date of sale. How much is Louis' recognized gain on the sale?
What are expectation and variance for distribution and pmf : Only 40% of these eruptions last longer than 2 minutes. For each of the following random variables, write down the distribution and the PMF. (Identify all parameters) What are the expectation and variance?

Reviews

Write a Review

Business Economics Questions & Answers

  Brown shoe company cut its costs in order to increase

Would you suggest that the Brown Shoe Company cut its costs in order to increase its revenue.

  Illustrate what would the benefits of each action

Illustrate what would the benefits of each action be (besides emissions reduction). Illustrate  what would the costs of each action be.

  Sketch the aggregate demand-aggregate supply model

Sketch the aggregate demand-aggregate supply model of the macroeconomic for the short run, assuming that the economy is in the expansionary phase of the business cycle.

  Brand x costs $18 per kg while brand y costs 6 per kg

Brand X contains 20, 2 and 1 units of the minerals, while Brand Y contains 4, 1, 2 units of the minerals respectively. Brand X costs $18 per kg while Brand Y costs 6 per kg.

  Determine demand is elastic inelastic or unit elastic

Determine whether demand is elastic, inelastic, or unit elastic with respect to its own price and whether Good Y is a substitute or a complement with respect to Good X.

  Elucidate rate most likely would be your income tax rate

Your friend makes half of your salary and pays 20% in income taxes. Elucidate rate most likely would be your income tax rate.

  Compute demand of price elasticity

Compute demand of price elasticity of for natural gas sold to the US.

  Explain how do open market operations work

Explain how do open market operations work through the fractional reserve banking system to impact the money supply and interest rates.

  Elucidate in economic terms perplexing situation

Yet medicines with brand names that the man recognizes from TV commercials sell for more than the unadvertised versions. Elucidate in economic terms, this perplexing situation to the father.

  How we justify assumption that individual demand curves

How we justify assumption that individual demand curves have a negative slope. If y do not, then we may not be able to add them to get market demand.

  Current labor supply in country

Assume no change in current productivity or current labor supply in either country. What is happening to financial flows.

  What price should the firm charge to realize the targeted

Illustrate what price should the firm charge to realize the targeted profit. Illustrate what would be its (cost-based) markup ratio.

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