Find the Probability

question 64

Multiple Choice

Find the probability. Round to the nearest ten-thousandth when necessary.
-A bag contains 6 cherry, 3 orange, and 2 lemon candies. You reach in and take 3 pieces of candy at Random. Find the probability that you have 1 cherry candy and 2 lemon candies.

• A) 0.0303
• B) 0.0364
• C) 0.0424
• D) 0.3636

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Definitions:

Investment

Distributing capital or resources with the goal of achieving financial gain or income.

Annually Compounded

Pertaining to the calculation and addition of interest to the principal sum once a year, affecting overall growth.

Successive Years

Consecutive years following one immediately after the other.

Missing Interest Rate

An interest rate that is not specified or known in a financial scenario, which may need to be calculated based on other given information.