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Last updated over 3 years ago
2 questions
Required
1
Here are some scenarios.
Write the scenarios in order of likelihood from least to greatest after three years: the business makes money, the light bulb still works, and the car needs major repairs. 1 being greatest likelihood, 3 being least likelihood.
Here are some scenarios.
Write the scenarios in order of likelihood from least to greatest after three years: the business makes money, the light bulb still works, and the car needs major repairs. 1 being greatest likelihood, 3 being least likelihood.
- According to experts, the likelihood of a car needing major repairs in the first 3 years is 0.7. According to market research, a business has a 75% chance of making money in the first 3 years.
- According to market research, a business has a 75% chance of making money in the first 3 years.
- of a certain kind of experimental light bulb will work after 3 years.
Required
1
Name another chance experiment that has the same likelihood as one of the scenarios. (i.e., flipping a coin, spinning a spinner, rolling a dice, drawing from a bag...)
Name another chance experiment that has the same likelihood as one of the scenarios. (i.e., flipping a coin, spinning a spinner, rolling a dice, drawing from a bag...)