Participants in a 2 Day Biking Event, Cross the Finish

question 82

Multiple Choice

Participants in a 2 day biking event, cross the finish line at a rate of 10 bike riders per fifteen minute interval.The probability that at least 2 minutes will elapse between bike riders is closest to _____________.

• A).0000
• B).0498
• C).2635
• D).1353
• E).4647

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Definitions:

Foreign Securities

Investments such as stocks, bonds, or certificates issued by entities located outside of the investor's country.

Exchange Rate

The price at which one currency can be exchanged for another, influencing international trade and investments.

International Loans

Financial lending provided by one country or international financial institution to another country for development or emergency financing.

Currency Exchanges

Marketplaces where currencies are traded, allowing for the conversion of one currency into another.