A Card Is Drawn and Replaced Three Times from a Deck

question 174

Multiple Choice

A card is drawn and replaced three times from a deck of 52 cards. What is the probability of getting 3 aces?

• A) \(\frac { 1 } { 2,200 }\)
• B) \(\frac { 1 } { 2,202 }\)
• C) \(\frac { 1 } { 2,190 }\)
• D) \(\frac { 1 } { 2,199 }\)
• E) \(\frac { 1 } { 2,197 }\)

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Definitions:

Labor Supply Curve

A graphical representation showing the relationship between the wage rate and the quantity of labor workers are willing to provide, typically upward sloping indicating that higher wages incentivize more labor.

Marginal Cost

The financial increase required to produce one more unit of a good or service.

Weekly Wage

The total amount of money or compensation paid to an employee by an employer for work performed over the course of a week.

University

An educational institution designed for instruction, examination, or both, of students in many branches of advanced learning.