Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 17, 2024

A town recently dismissed 7 employees in order to meet their new budget reductions. The town had 6 employees over 50 years of age and

A town recently dismissed 7 employees in order to meet their new budget reductions. The town had 6 employees over 50 years of age and 16 under 50. If the dismissed employees were selected at random, what is the probability that exactly 2 employees were over 50

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra and Its Applications

Authors: David C. Lay

4th edition

321791541, 978-0321388834, 978-0321791542

More Books

Students also viewed these Mathematics questions

Question

1. Read the case carefully and answer the following questions: Prepare the projected profitability statement of Reshmi Cement for the first 5 years of its operations. 2. Prepare the projected cash...

Answered: 1 week ago

Question

★★★★★

Ride & Co . is a successful moto sharing company that operates in 20 cities of Spain, Italy and France. Its business model consists in the acquisition of motorcycles from 2 main manufacturing...

Answered: 1 week ago

Question

★★★★★

Determine the magnitude and coordinate direction angles of F3 so that resultant of the three forces is zero. Given: F1 = 180 lb φ = 40 deg F2 = 300 lb θ = 30 deg 3 2

Answered: 1 week ago

Question

★★★★★

4. What are the three categories of transactions in the balance of payments? Give an example of each. 5. Economists sometimes say that the current exchange rate system is a dirty float system. What...

Answered: 1 week ago

Question

★★★★★

The most recent financial statements for GPS, Inc., are shown here: Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,300 was paid, and the company wishes to...

Answered: 1 week ago

Question

★★★★★

Q 18.34. What are the advantages and disadvantages of unit offering bundles?

Answered: 1 week ago

Question

★★★★★

2.53 Raisins The number of raisins in each of 14 miniboxes (15 g) was counted for a generic brand and for Sunmaid brand raisins. The two data sets are shown here: a. What are the mean and standard...

Answered: 1 week ago

Question

★★★★★

Optical Dispensary borrowed $330,000 on January 2, 2016, by issuing a 15% serial bond payable that must be paid in three equal annual installments plus interest for the year. The first payment of...

Answered: 1 week ago

Question

★★★★★

Suppose you have the option of receiving $15,000 today or $20,000 in five years. What annual interest rate would make you indifferent when choosing either of the two options?

Answered: 1 week ago

Question

★★★★★

Need answers to this as soon as possible... state Planning Final Case #2 Kenny and Melissa Background Kenny, age 62, and Melissa, age 23, have been dating for about a year and a half. Kenny and...

Answered: 1 week ago

Question

★★★★★

You are a chairperson of source selection, evaluation board for a new jet engine. You had to brief a SSEB member on the procedures for protecting source selection, information what procedures would...

Answered: 1 week ago

Question

★★★★★

3. Plastex Corporation is considering expanding but wishes to control growth by imposing a limit on capital on capital expenditures of $500,000. The capital investment opportunities are: +...

Answered: 1 week ago

Question

★★★★★

Read this case, and just answer question 1 and 2, do not need to answer the rest of questions. 1.For HTC's hardware product revenue stream, what is the distinguishing factor that should be considered...

Answered: 1 week ago

Question

★★★★★

Pharmaceutical Benefits Managers (PBMs) are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (lists of drugs that insurance will cover)...

Answered: 1 week ago

Question

★★★★★

9 3 points 03:02:45 Skipped Javon Company set standards of 2 hours of direct labor per unit at a rate of $15.10 per hour. During October, the company actually uses 11,000 hours of direct labor at a...

Answered: 1 week ago

Question

★★★★★

The FASB has established a reporting framework that involves three types of accounting changes. Describe the third type: change in reporting entity. Respond in 4 5 sentences.

Answered: 1 week ago

Question

★★★★★

Bobbie Singh provides writing services for small businesses. He blogs for companies that need professionally written content. His business records at November 15, 2023, are shown below: During the...

Answered: 1 week ago

Question

★★★★★

=+b) Interpreting this interval raises some problems. Discuss.

Answered: 1 week ago

Question

★★★★★

14.6 Describe the advantages and disadvantages of group therapy and identify types of group therapy. (APA 1.1, 1.2, 1.3)

Answered: 1 week ago

Question

★★★★★

14.5 Describe the aim of cognitive therapy approaches and distinguish between Ellis's rational-emotive therapy and Beck's cognitive therapy. (APA 1.1, 1.2)

Answered: 1 week ago

Previous Question Next Question