Basketball Player Chauncey Billups of the Detroit Pistons Makes Free

question 59

Multiple Choice

Basketball player Chauncey Billups of the Detroit Pistons makes free throw shots 88% of the time. Find the probability that he misses his first shot and makes the second.

• A)0.1056
• B)0.7744
• C)0.0144
• D)0.50

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Definitions:

Positive Profits

Financial gains that are greater than zero, indicating a company's revenues exceed its costs and expenses.

Variable Costs

Costs that change in proportion to the activity or volume of business, such as materials and labor.

Total Costs

The complete cost of production of goods or services, which includes both fixed and variable costs.

Revenues

The total income generated by a company from its business activities, typically from the sale of goods and services before any expenses are deducted.