Given an Urn Containing 4 Green Balls and 5 Orange

question 43

Multiple Choice

Given an urn containing 4 green balls and 5 orange balls. If two balls are drawn and the first ball is not replaced before the second is drawn, what is the probability that both balls are green?

• A) 7/18
• B) 1/6
• C) 4/27
• D) 7/17
• E) 16/81

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Definitions:

Market Price

The present cost at which a service or asset is available for purchase or sale in a specific market.

Debt-To-Equity Ratio

This measures a company’s financial leverage by dividing its total liabilities by its stockholders' equity, indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Balance Sheet

An overview statement that provides details on a company's assets, liabilities, and stockholders' equity at a precise moment.

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, culminating in its net income or loss.