Solve the Problem. -From a Group of 3 Men and 4 Women, a 4

question 259

Multiple Choice

Solve the problem.
-From a group of 3 men and 4 women, a delegation of 2 is selected. What is the expected number of Men in the delegation?

• A) 0.48
• B) 1
• C) 0.86
• D) 0.57

---

Definitions:

Capacity

Capacity refers to the maximum amount of work or output a system is capable of achieving in a given period under normal conditions.

Sales Price

The amount of money charged for a product or service; the price for which something is sold.

Production Cost

The total expense involved in manufacturing a product or providing a service, including raw materials, labor, and overhead costs.

Variable Costing

An accounting method that only includes direct variable costs in product cost calculations, excluding fixed manufacturing overhead.