A Basketball Player Has an 80% Chance of Making the First

question 60

Multiple Choice

A basketball player has an 80% chance of making the first free-throw he shoots. If he makes the first free-throw shot, then he has a 90% chance of making the second free-throw he shoots. If he misses the first free-throw shot, then he only has a 70% chance of making the second free-throw he shoots. Suppose this player has been awarded two free-throw shots. Are the events, A - the player makes the first shot, and B - the player makes the second shot, independent events?

• A) Yes
• B) No

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Definitions:

Supply Curve

A graph showing the relationship between the price of a good and the quantity of the good that suppliers are willing to provide.

Left Shift

In computing, it refers to the operation of moving bits of a binary number to the left, effectively multiplying the number by a power of two.

Capitalism

Economic system that rewards companies for their ability to perceive and serve the needs and demands of consumers; also called the private enterprise system.

Private Enterprise System

An economic system where private individuals or businesses own capital goods and have the freedom to operate for profit with minimal government intervention.