Scenario 5.3:
Wanting to invest in the computer games industry, you select Whizbo, Yowzo and Zowiebo as the three best firms. Over the past 10 years, the three firms have had good years and bad years. The following table shows their performance:

-Refer to Scenario 5.3. Based on the 10 years' past performance, what is the probability of a good year for Zowiebo?
A) 30/31
B) 1/31
C) 0.9
D) 0.1

Question

Scenario 5.3:
Wanting to invest in the computer games industry, you select Whizbo, Yowzo and Zowiebo as the three best firms. Over the past 10 years, the three firms have had good years and bad years. The following table shows their performance:
 
-Refer to Scenario 5.3. Based on the 10 years' past performance, what is the probability of a good year for Zowiebo?
A) 30/31 
B) 1/31 
C) 0.9 
D) 0.1

Quizplus · Accepted Answer

According to the table, Zowiebo has had only one good year out of the past 10 years, making the probability of a good year for them 0.1 or 1/10.

Scenario 5.3: Wanting to Invest in the Computer Games Industry, You Select