A Jar Contains 10 Red Marbles and 30 Blue Marbles

question 61

Multiple Choice

A jar contains 10 red marbles and 30 blue marbles.A random sample of n = 3 marbles is selected from the jar.If the first two marbles are both blue, what is the probability that the third marble will be red?

• A)10/37
• B)10/38
• C)10/40
• D)8/38

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Definitions:

Foreign Project

A business venture or investment located outside the investor's domestic country, often subject to additional risks such as currency fluctuations and political instability.

Domestic Project

A project undertaken within a country's borders, focusing on local development or business activities.

Interest Rate Parity

A theory suggesting that the difference in interest rates between two countries is equal to the differential between the forward exchange rate and the spot exchange rate.

Annualized Return

The geometric average amount of money earned by an investment each year over a given time period, expressed as a percentage.