There Are 75 Balls in a Bingo Hopper

question 36

Multiple Choice

There are 75 balls in a bingo hopper. The ones numbered 1-15 are labeled with B, the ones from 16
-30 with I, from 31-45 N, from 46-60 G, and from 61-75 O. Find the probability of drawing I28.

• A)0

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Definitions:

Over-optimism

Over-optimism refers to the tendency of individuals to hold an unrealistically positive view of the future or the outcomes of events, which can affect decision-making processes.

Unrealistic Belief

A conviction or expectation that does not align with actual facts or evidence, often based on incorrect assumptions or misinformation.

Slope

A measure of the steepness, incline, or grade of a line, calculated as the ratio of the vertical change to the horizontal change between two points.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given income and prices.