Use Counting Rules to Determine the Probability

question 45

Multiple Choice

Use counting rules to determine the probability.
-A committee of 11 members is voting on a proposal. Each member casts a yea or nay vote. On a random voting basis, what is the probability that the proposal wins by a vote of 8 to 3?

• A)0.16113
• B)0.08057
• C)0.03833
• D)0.04028

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Definitions:

Operation of Law

Changes in legal rights or obligations that occur automatically due to established laws, rather than through the actions of individuals.

Partnership Dissolution

Partnership Dissolution is the legal process of ending a partnership agreement, thereby dissolving the relationship between the partners and settling the partnership's debts and assets.

Limited Partnership

a type of partnership comprising both general partners, who manage the business and are personally liable for debts, and limited partners, who invest but have limited liability.

Death of a Partner

In the context of business, refers to the event when one member of a partnership passes away, potentially impacting the continuity and operations of the business.