Let E Be the Event That a Corn Crop Has

question 66

Multiple Choice

Let E be the event that a corn crop has an infestation of ear worms, and let B be the event that a corn crop has an infestation of corn borers. Suppose that P(E) =0.27, P(B) =0.11, and P(E and B) =0.1 . Find the probability that a corn crop ha no corn borer infestation.

• A) 0.73
• B) 0.62
• C) 0.28
• D) 0.89

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Definitions:

Capital Acquisition

The process of obtaining funds or assets to invest in long-term physical assets or business expansion.

Payment

The transfer of money, goods, or services in exchange for a product, service, or fulfillment of an obligation.

Deferred Revenue

Income received by a company for goods or services yet to be delivered or performed, recognized as a liability until the obligation is fulfilled.

Deferral Method

An accounting practice of postponing the recognition of certain revenues or expenses until a future period when they actually occur or are realized.