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:

Retain Loyal Customers

Strategies or practices aimed at keeping customers who repeatedly buy or use a brand's products or services.

Profit Margins

The percentage of revenue that remains as profit after all expenses have been deducted from total sales.

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The potential for a purchased product or service to fail to meet expected performance levels, causing the buyer dissatisfaction.

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