Six Balls Are Numbered 1 Through 6 and Placed in a Box

question 76

Short Answer

Six balls are numbered 1 through 6 and placed in a box. Two balls are selected without replacement. Find the probability that (a) the sum of the numbers is even. (b) the number on the second ball is less than the number on the first ball. (c) the sum of the numbers on both balls is greater than 5.

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Definitions:

Uncollectible Receivables

Debts owed to a company that are considered unlikely to be paid by the debtor.

Bad Debt Expense

An expense account reflecting the estimated amount of receivables that are expected not to be collected.

Debit Balance

A situation where the total debits in an account exceed the total credits. It is commonly found in asset and expense accounts.

Allowance Method

An accounting technique used to estimate and deduct bad debts from accounts receivable based on anticipated losses.