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Three Yellow and Two Blue Pencils Are in a Drawer

question 211

Essay

Three yellow and two blue pencils are in a drawer.If we randomly select two pencils from the drawer,find the probability distribution of X,the number of yellow pencils selected.


Definitions:

Straight-Line Method

A method of allocating an asset's cost evenly throughout its useful life.

Redemption

The act of repaying or buying back something, such as redeeming a bond at maturity or a company repurchasing its own shares.

Semiannual Interest

Interest that is calculated and paid twice a year on a loan or investment.

Premium Amortization

Premium amortization is the gradual reduction of the premium paid above the par value of a bond, allocated over the bond's life.

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