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If You Are Tossing a Six-Sided Die, What Is the Probability

question 40

Multiple Choice

If you are tossing a six-sided die, what is the probability of getting either a 1 or a 2 on your first toss AND a 1 or a 2 on your second toss?


Definitions:

Increases in Value

Situations or circumstances where the value of an asset, investment, or property rises over time.

Compounded Quarterly

The process where the interest earned is added to the principal sum, and the next interest calculation is based on the principal plus the previously earned interest, recalculated every quarter.

Compounded Semi-Annually

The process of earning interest on both the initial principal and the accumulated interest from previous periods, calculated twice a year.

Insurance Settlement

The payment made by an insurance company to a claimant or policyholder following a valid claim.

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