Find the Indicated Probability

question 170

Multiple Choice

Find the indicated probability
-In a homicide case 6 different witnesses picked the same man from a line up. The line up contained 5 men. If the identifications were made by random guesses, find the probability that all 6 witnesses would pick the same person.

• A)0.0001286
• B)1.2
• C)0.000064
• D)0.00032

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices over a given period of time.

Income Elasticity

A measurement of how the demand for a good or service changes in response to changes in consumers' income levels.

Recession

A period of economic decline across an economy lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Demand

Refers to the desire and willingness of consumers to purchase goods and services at different prices.