Use the Multiplication Rule for Independent Events

question 265

Multiple Choice

Use the Multiplication Rule for Independent Events
-What is the probability that in three consecutive rolls of two fair dice, a person gets a total of 7, followed by a total of 11, followed by a total of 7

• A) 0.0015
• B) 0.1667
• C) 0.2876
• D) 0.0012

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Definitions:

Simple Interest

Simple interest is a calculation of interest that does not take into account the effect of compounding. Interest is applied only to the principal over a set period.

Monthly Basis

A timeframe or calculation done once every month or for each month.

Round Answers

A mathematical procedure of adjusting the figure to the nearest desired value or precision, often in calculations or data presentations.

Finance Charge

The total cost of borrowing, including interest and other fees.