(a) There are 3 red balls, 4 green balls and 5 blue balls in a bag.(Correct your answers to 3 decimal places.)() If TWO balls are randomly selected from the bag without replacement, what is theprobability that one is red and another is green?(ii) If THREE balls are randomly selected from the bag without replacement, what isthe probability that the first ball is red, second is green and last one is blue?(b) Tiger Beauty offers 3 personal grooming products. The prices and quantitics sold in2020 and 2021 are given in the following table:2020Price ($)Pzozo2021QuantityQzozoPrice (S)Pzaz1QuantityQz0z1ProductBody Lotion9831 00010835000Sunscreen Cream22517 00024516 500Deodorant1109 80013510 300Using 2020 as the base year,(i) calculate the Simple Composite price index of 2021.(ii) calculate the Laspeyres price index of 2021.(iii) calculate the Paasche price index of 2021.

Since multiple parts are given , part a is answered completely. Kindly repost for more help

Answered: (a) There are 3 red balls, 4 green…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

A gumball machine contains 4 red gum balls, 2 blue gum balls, and 5 yellow gum balls. You put a coin in the machine, and two gum balls come out, one after the other. What’s the probability that the first gum ball that comes out is red and the second gumball is yellow?
The math professor gave the class a set of 12 review problems and toldthem that the midterm exam would consist of 6 of the 12 problems selected at random.If Mela memorized the solutions to 8 of the 12 problems but could not solve any ofthe other 4 problems, what is the probability that she got 4 or more problems correctin the exam?
A box has 8 blue and 6 green jelly beans. A bag has 3 blue and 5 green jelly beans. A jelly bean is selected at random from the box and placed in the bag. Then a jelly bean is selected at random from the bag. If a green jelly bean is selected from the bag, what is the probability that the transferred jelly bean was green? (Round your answer to three decimal places.)
Q4. A shipment of two boxes, each containing eight telephones, is received by a store. Box 1 contains two defective phones and box 2 contains one defective phone. After the boxes are unpacked, and all phones are mixed. Then a phone is selected and that was found to be defective. Find the probability that it came from box 2.
Ms V has a box with 10 bags of M&Ms and 15 bags of Skittles. She is going to reach in and pick three bags of candy. What is the probability she picks at least one bag of skittles? (round your answer to one nonzero digit.)
A box (Call it Box A) contains four red marbles and three blue marbles. Box B (another box) contains three red and three blue marbles. Find the probability that, when a marble is drawn from each box (a) Both are red (b) One is red and the other is blue
A bag contains 3 red and 5 black balls, another contains 4 red and 7 black balls. A ball is drawn from a bag selected at random. Find the probability that it is (i) red ball, (ii) black ball.
The Math teacher gave the class a set of 12 review problems and toldthem that the midterm exam would consist of 6 of the 12 problems selected at random.If Ana memorized the solutions to 8 of the 12 problems but could not solve any ofthe other 4 problems, what is the probability that she got 4 or more problems correctin the exam?
A3. Suppose that Ahmed selects a ball by first picking one of the two boxes at random and selecting a ball from this box at random. The first box contains 3 white balls and 2 blue balls, and the second box contains 1 white balls and 4 blue balls. What is the probability that Ahmed picked a ball from the second box if he has selected a white ball?

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS