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Find the indicated probability. Round your answer to 6 decimal places when necessary.
-If you are dealt two cards successively (with replacement of the first) from a standard 52-card deck, find the probability of getting a heart on the first card and a diamond on the second.
Gross Profit
The financial metric that represents the difference between sales revenue and the cost of goods sold, before deducting overheads, payroll, taxation, and interest payments.
Profit Center
A branch or division of a company that is treated as a separate entity for the purpose of calculating its profitability.
Profit Center
A division or segment of a company that is directly responsible for generating its own revenue and profit through its activities.
Cost Center
A department or segment of a business that does not directly generate revenue but incurs costs, focusing instead on controlling expenses.
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