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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 32
A man has fallen from a subway platform. It takes only one person to save him from an oncoming train. If there are two bystanders who can help, and each bystander is willing to volunteer with a probability of 0.7, what is the probability that nobody at all helps the fallen man?
A) 0.7
B) 0.49
C) 0.09
D) 0.3
A) 0.7
B) 0.49
C) 0.09
D) 0.3
Explanation
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In the given example the probability of ...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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