Find the Probability

question 24

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 2 orange candies?

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

Evaluate the effectiveness of situational leadership in various contexts.

Understand how leaders can adapt their style to the follower's development level.

Describe the role of the leader in facilitating follower development.

Recognize the importance of flexibility in leadership behaviors.

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Definitions:

Not Taxed

A classification for income or transactions that are exempt from taxation.

Distributions

In financial contexts, distributions refer to payments made by a fund, account, or security to its shareholders or unit holders, which could include interest payments, dividends, or returns of capital.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.

Series of Payments

Multiple, often periodic, payments made or received over time in accordance with a financial agreement or obligation.