A business venture can result in the following outcomes (with their corresponding chance of occurring in parentheses) : Highly Successful (10%) , Successful (25%) , Break Even (25%) ,
Disappointing (20%) , and Highly Disappointing (?) . If these are the only outcomes possible for
The business venture, what is the chance that the business venture will be considered Highly
Disappointing?
A) 10%
B) 15%
C) 20%
D) 25%
Correct Answer:
Verified
Q2: Selection of raffle tickets from a large
Q3: If two equally likely events A and
Q4: All the events in the sample space
Q6: If either event A or event B
Q7: If the outcome of event A is
Q8: If two events are mutually exclusive and
Q13: The collection of all possible events is
Q14: If two events are collectively exhaustive,what is
Q17: Simple probability is also called
A)marginal probability.
B)joint probability.
C)conditional
Q18: If two equally likely events A and
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