Find the Probability That in 200 Tosses of a Fair

question 42

Multiple Choice

Find the probability that in 200 tosses of a fair six-sided die, a three will be obtained at least 40 times.

• A) 0.1190
• B) 0.8810
• C) 0.0871
• D) 0.3875

Recognize the role of competitive advantages and strategies in business sustainability and growth.

Distinguish between internal and external analyses in strategic planning and their impacts on identifying competitive advantages.

Understand the importance and components of a business code of ethics.

Comprehend the laws and regulations that govern business activities.

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Definitions:

Master Budget

A comprehensive financial planning document that includes all of an organization's financial plans and budgets.

Goal Conflict

A situation where two or more goals are in opposition, making it difficult to achieve one without compromising the other.

Budget Slack

The intentional underestimation of revenues or overestimation of expenses within a budget to create a cushion for unexpected situations.

Employee Self-interests

Employee self-interests are the motivations and personal goals that drive the behaviour of individuals within an organization, which may or may not align with the company's objectives.