A Box of 11 Transistors Has 7 Defective Ones

question 175

Multiple Choice

A box of 11 transistors has 7 defective ones. If 2 transistors are drawn from the box together, what is the probability that both transistors are defective? Round your answer to two decimal places. ​

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Definitions:

Coase Theorem

An economic theory that suggests that if trade in an externality is possible and there are no transaction costs, parties can negotiate solutions to conflict that lead to an efficient outcome regardless of the initial allocation of property.

Externalities

Economic side effects or by-products that affect an uninvolved third party; can be positive or negative.

Pollution Abatement

Measures and processes undertaken to reduce, control, or eliminate pollution from various sources.

Optimal Amount

The quantity of a good or service that yields the highest utility or benefits under specific conditions.