Two Marbles Are Drawn Without Replacement from a Box with 3

question 174

Multiple Choice

Two marbles are drawn without replacement from a box with 3 white, 2 green, 2 red, and 1 blue marble. Find the probability.
-One marble is green and one marble is red.

• A) \(\frac { 1 } { 7 }\)
• B) \(\frac { 1 } { 2 }\)
• C) \(\frac { 1 } { 4 }\)
• D) \(\frac { 3 } { 28 }\)

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Definitions:

Sales Volume

The total number of units sold or services provided by a business in a specified period.

Margin of Safety

The difference between actual or estimated sales and the sales level necessary to break even, indicating the risk level of not reaching break-even point.

Sales

The total amount of money generated from selling goods or services.

Degree of Operating Leverage

A ratio that measures the sensitivity of a company's operating income to a percentage change in revenue.