There Are 3 Radar Stations and the Probability of a Single

question 12

Multiple Choice

There are 3 radar stations and the probability of a single radar station detecting an enemy plane is 0.65 and the probability of not detecting an enemy plane is 0.35. What is the probability that the number of stations that detect a plane is no more than 2? Round your answer to nearest hundredth.

• A)0.73
• B)0.44
• C)0.65
• D)0.16
• E)0.15

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Definitions:

Liquidity

The ease with which an asset can be converted into cash without significantly affecting its price.

Capital Investment Analysis

The process of assessing the profitability and risk of potential investment opportunities involving capital expenditures.

Depreciation

Allocating the value of a tangible asset over the period it is expected to be used, in a systematic manner.

Fixed Asset

A long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income, not expected to be consumed or converted into cash within a year.