Suppose That There Are Two Buckets $\frac { 2 } { 3 } .$

question 6

Multiple Choice

Suppose that there are two buckets. Bucket 1 contains 3 tennis balls and 5 ping -pong balls. Bucket 2 contains 4tennis balls, 3 ping-pong balls, and 5 baseballs. An unfair coin will decide from which bucket we draw. Headsimplies we draw from Bucket 1 and tails implies we draw from Bucket 2. The probability of a heads is 13 andthe probability of a tails is $\frac { 2 } { 3 } .$ Given that a ping-pong ball was selected what is the probability that it camefrom Bucket 2?

• A) 0.444
• B) 0.555
• C) 0.625
• D) 0.250

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Definitions:

Short-Run Average Cost

The average cost of production per unit in the short term, where some inputs are fixed and others are variable.

U-Shaped

A graphical representation showing a particular relationship where initial and end values are higher than those in the middle, resembling a "U" shape.

Returns To Scale

The change in output resulting from a proportional increase in all inputs in the production process.

Procedural Safeguards

These are legal protections designed to ensure that individuals' rights are preserved during legal or administrative processes.