Question: A diamond can be classified as either gem-quality or industrial-grade 90% of diamonds are classified as industrial-grade. (a) Two diamonds are chosen at random. What

A diamond can be classified as either gem-quality or industrial-grade 90% of diamonds are classified as industrial-grade. 

(a) Two diamonds are chosen at random. What is the probability that both diamonds are industrial-grade? 

(b) Eight diamonds are chosen at random. What is the probability that all eight diamonds are industrial-grade? 

(c) What is the probability that at least one of eight randomly selected diamonds is gem-quality? rn

Step by Step Solution

3.42 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Ans Probability of success ie of being industrial grade09 a Proba... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!