A Bag Contains 10 White, 12 Blue, 13 Red, 7

question 160

Multiple Choice

A bag contains 10 white, 12 blue, 13 red, 7 yellow, and 8 green wooded balls. A ball is selected from the bagand kept. You then draw a second ball and keep it also. What is the probability of selecting two blue balls?Round your answer to four decimal places.

• A) 0.0539
• B) 0.0588
• C) 0.0528
• D) 0.0576

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Definitions:

Life Insurance Proceeds

The amount of money paid out to the beneficiary of a life insurance policy upon the death of the insured or at the policy's maturity.

Deferred Tax Liability

An accounting term representing a tax obligation that a company owes but is allowed to pay at a future date.

Pretax Accounting Income

Income earned by a business before taxation has been deducted, as recorded in its financial accounts.