Probability of prizes
What is the probability that Ms. A, Mr. B, and Mrs. C win the rst, second, and third prizes respectively , in a drawing if 200 people enter a contest and
(a) no one can win more than one prize.
(b) winning more than one prize is allowed.
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On average, a National Express coach arrives every two hours. What is the probability that only one bus will arrive in a four hour period?
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Erik Rekdahl, senior-in-charge, is auditing Koonce Katfood, Inc.'s, long-term debt for the year ended December 31. Long-term debt is composed of two bond issues, which are due in 10 and 15 years, respectively.
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On December 30, 2009, Parker Company ships $250,000 of merchandise by common carrier to Jackson, Inc. The terms of the sale are 2/10, n/60, FOB shipping point.
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