Numbered Disks Are Placed in a Box and One Disk $\frac { 1 } { 4 }$

question 246

Multiple Choice

Numbered disks are placed in a box and one disk is selected at random. If there are 2 red disks numbered 1through 2, and 6 yellow disks numbered 3 through 8, find the probability of selecting a red disk, given that anodd-numbered disk is selected.

• A) \(\frac { 1 } { 4 }\)
• B) \(\frac { 3 } { 4 }\)
• C) \(\frac { 1 } { 8 }\)
• D) \(\frac { 3 } { 8 }\)

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Definitions:

Perfect Information

A theoretical concept in economics and game theory where all parties have complete and accurate information about the game and its environment.

Expected Monetary Value

Expected Monetary Value (EMV) is a concept in decision-making that calculates the anticipated wealth from an investment or decision under uncertainty.

Additional Information

Information or data provided that supplements or clarifies existing material.

Without Additional Information

A phrase indicating that no further data or specifics are provided beyond what has been already given.