A Pair of Dice Is Cast, and the Number That $\frac { 2 } { 3 }$

question 187

Multiple Choice

A pair of dice is cast, and the number that appears uppermost on each die is observed.
Find the probability of the event that the sum of the numbers is 8.

• A) \(\frac { 2 } { 3 }\)
• B) \(\frac { 5 } { 36 }\)
• C) \(\frac { 17 } { 36 }\)
• D) \(\frac { 31 } { 36 }\)
• E) \(\frac { 2 } { 9 }\)

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Definitions:

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price level, at a specific time.

Excess Demand

Occurs when the quantity demanded of a good or service at the current price exceeds the quantity supplied, often leading to upward pressure on prices.

Market Equilibrium

A state where the supply of goods matches demand, resulting in stable prices.

Market Equilibrium

Market Equilibrium is a state in which market supply equals market demand, meaning that goods supplied at a certain price are exactly matched by the goods demanded at that price.