Find the Indicated Probability $\frac { 1 } { 13 }$

question 110

Multiple Choice

Find the indicated probability. Round your answer to 6 decimal places when necessary.
-A bag contains 6 red marbles, 3 blue marbles, and 7 green marbles. If a marble is randomly selected from the bag, what is the probability that it is blue?

• A) \(\frac { 1 } { 13 }\)
• B) \(\frac { 1 } { 3 }\)
• C) \(\frac { 1 } { 7 }\)
• D) \(\frac { 3 } { 16 }\)

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Definitions:

Production Possibility Frontiers

A curve depicting all maximum output possibilities for two goods, given a set of inputs.

Rice

A staple food grain consumed widely around the world, particularly in Asia, known for its versatility and ability in sustaining large populations.

Comparative Advantage

The ability of an individual or country to produce a particular good or service at a lower opportunity cost than others.

David Ricardo

A British economist known for his theories on comparative advantage and rent, significantly influencing the field of economics.