# Question

A consignment of 12 electronic components contains 1 component that is faulty. Two components are chosen randomly from this consignment for testing.

a. How many different combinations of 2 components could be chosen?

b. What is the probability that the faulty component will be chosen for testing?

a. How many different combinations of 2 components could be chosen?

b. What is the probability that the faulty component will be chosen for testing?

## Answer to relevant Questions

Tiger Funds Ltd. operates a number of mutual funds in high technology and in financial sectors. Hussein Roberts is a fund manager who runs a major fund that includes a wide variety of technology stocks. As fund manager he ...A life insurance salesman finds that, of all the sales he makes, 70% are to people who already own policies. He also finds that, of all contacts for which no sale is made, 50% already own life insurance policies. ...Note that this exercise represents a completely imaginary situation. Suppose that a statistics class contained exactly 8 men and 8 women. You have discovered that the teacher decided to assign 5 Fs on an exam by randomly ...A fund manager is considering investing in a new software firm based in India. The manager’s assessment of probabilities for rates of return on this stock over the next year is summarized in the accompanying table. Let A ...The probability of A is 0.60, the probability of B is 0.45, and the probability of both is 0.30. What is the probability of either A and B?Post your question

0