A Certain Baseball Player Hits a Home Run in 3

question 78

Multiple Choice

A certain baseball player hits a home run in 3% of his at-bats. Consider his at-bats as independent events. How many home runs do we expect the baseball player to hit in 600 at-bats?

• A) 18
• B) 603
• C) 3
• D) 17.46

---

Definitions:

Perpetual Inventory System

A bookkeeping approach that documents inventory movements as they occur, ensuring the inventory balance is always current.

Net Price Method

The net price method accounts for purchases after subtracting discounts, essentially calculating the actual price paid for goods or services after all reductions.

Purchase Discounts Lost

The extra cost incurred by a company for not taking advantage of the discounts offered by suppliers for early payments.

Catalog Price

The price of an item as listed in a catalog, which may be subject to discounts based on various sales promotion strategies.