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

question 68

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. Find the probability that he makes at least one of the two shots.

• A) 0.72
• B) 0.94
• C) 0.86
• D) 0.80

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Definitions:

Shopping Products

Goods that consumers spend a considerable amount of time and effort in selecting and purchasing, such as clothes, electronics, and furniture.

Unsought Products

Items that the consumer does not know about or knows about but does not initially want.

Impulse Buys

Purchases made spontaneously without prior planning, often triggered by emotions or the strategic placement of products.

Product Life Cycle

The progression of a product through stages including introduction, growth, maturity, and decline.