Find the Probability

question 204

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. What is the probability that you have at least 1 lemon candy?

• A) 0.3362
• B) 0.1515
• C) 0.5758
• D) 0.4909

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Definitions:

Activity

Any action or operation within a business or process.

Committed Fixed Costs

Long-term fixed costs that an organization has committed to, which are not easily changed, such as lease payments or insurance costs.

Short Term

Referring to a time frame typically less than one year, often relating to immediate goals, financial obligations, or investments.

Variable Cost

Costs that change in proportion with the level of production or business activity, such as materials and labor directly involved in production.