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A statistics class conducts a chance experiment in which they observe students who buy a snack and the school vending machines. The type of food (Liquid, or Solid) is noted, as well as the number of calories of fat content (25, 50, or 75).
a) Display the possible outcomes using a tree diagram.
b) Let L be the event that the item is liquid and B be the event that the item has fewer than 75 calories of fat.
i) What outcomes are in BC?
ii) What outcomes are in ?
iii) What outcomes are in ?
General Sales Agent
An individual or company authorized to sell or distribute a manufacturer's products in a specific area or market.
Express or Implied Authority
Power granted by a principal to an agent, which can be explicitly stated (express) or inferred from actions, circumstances, or job title (implied).
Disclosed Principal
In the realm of agency law, a principal whose identity the third party is aware of when the agent enters into a contract with that third party.
Unauthorized Contract
An agreement made by someone who does not have the legal right or power to do so on behalf of another person or entity.
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