Suppose a Basketball Player Is an Excellent Free Throw Shooter

question 40

Multiple Choice

Suppose a basketball player is an excellent free throw shooter and makes 94% of his free throws (i.e., he has a 94% chance of making a single free throw) . Assume that free throw shots are
Independent of one another. Find the probability that the player will make three consecutive free
Throws.

• A)0.8306
• B)0.1694
• C)0.9998
• D)0.0002

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Definitions:

Tenders

Formal offers to carry out work, supply goods, or buy land, goods, or services at a specified price.

Security Interest

A legal claim or lien on collateral, which gives the holder the right to seize property if the debtor fails to meet the obligations of a loan or agreement.

Line of Credit

An arrangement between a financial institution and a client that establishes a maximum loan balance that the borrower can access.

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The total amount of goods and materials held by a business for the purpose of sale or production.