Write the Word or Phrase That Best Completes Each Statement

question 14

Essay

Write the word or phrase that best completes each statement or answers the question.
Construct a probability model for the experiment.
-Spinner I has 3 sections of equal area, numbered 1, 2, and 3. Spinner II has 3 sections of equal area, labeled Red, Yellow,
and Green. Spin Spinner I twice, then Spinner II.
What is the probability of getting a 2, followed by a 1, followed by Yellow or Red?

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Definitions:

Personnel Expenses

Costs incurred by a business related to employing staff, including wages, benefits, training, and other related expenses.

Client-Visits

The number of times clients or customers visit a business or service provider within a given time period.

Planning Budget

A budget prepared for a specific level of activity; it may be adjusted as activity levels change.

Administrative Expenses

Costs associated with the general administration of a business, such as salaries of executive staff and office supplies.