A car dealer has 12 different cars that he would like to display, but he has room
Question:
(a) In how many ways can he pick 5 cars to display?
(b) Suppose 8 of the cars are the same color, with the remaining 4 having distinct colors. If the dealer tells a salesperson to display any 5 cars, what is the probability that all 5 cars will be the same color?
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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