Suppose a Person Rolls a Typical Six-Sided Die

question 108

Multiple Choice

Suppose a person rolls a typical six-sided die. What is the probability that the die will come up with a 1 and then a 2?

• A) 1 in 3
• B) 1 in 36
• C) 1 in 6
• D) 2 in 5

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Definitions:

Proceeds

The amount of money received from a transaction, especially after selling an asset or completing a deal.

Uniform Commercial Code

A codification of the laws governing commercial transactions in the United States, designed to make interstate commerce more efficient.

Financing Statement

A document filed by a secured party to give public notice of their interest in the property of a debtor, typically used in secured transactions.

Collateral

Assets pledged by a borrower to secure a loan or other credit, which can be seized by the lender if the borrower fails to pay.