A Pet Supplier Has a Stock of Parakeets of Which

question 114

Multiple Choice

A pet supplier has a stock of parakeets of which 20% are blue parakeets. A pet store orders 3 parakeets from this supplier. If the supplier selects the parakeets at random,
What is the chance that the pet store gets exactly one blue parakeet?

• A) 0.128
• B) 0.024
• C) 0.384
• D) 0.096

Recognize the various types of relationships and partnerships between nonprofit organizations and for-profit entities.

Comprehend the role of market and competitive analysis in launching nonprofit business ventures.

Identify different forms of social enterprises and their characteristics.

Understand the legal and strategic considerations in forming corporate partnerships and sponsorships.

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Definitions:

Articles of Confederation

The first governing document of the United States, created before the Constitution, which provided a loose federation of the states with limited central government power.

Ratified

The process by which a proposed treaty or agreement is officially approved and adopted by the necessary parties or institutions.

States

Distinct territorial and political entities within a federal system, each with its own government and a degree of autonomy.

Government-less State

A hypothetical or theoretical situation where society operates without a formal government, often associated with anarchism or extreme libertarian views.