Container 1 Has 8 Items,3 of Which Are Defective

question 41

Multiple Choice

Container 1 has 8 items,3 of which are defective.Container 2 has 5 items,2 of which are defective.If one item is drawn from each container:
What is the probability that the item from Container 1 is defective and the item from Container 2 is not defective?

• A)0.3846
• B)0.2250
• C)0.3750
• D)0.6154
• E)0.1500

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Definitions:

Net Margin

A profitability metric calculated as net income divided by revenue, expressed as a percentage, indicating the percentage of revenue that translates into profit.

Full Selling Price

The total cost to the consumer to purchase a product or service, including any taxes, fees, or additional charges.

Return on Investment

A measure of the profitability of an investment, calculated as the net profit of the investment divided by its cost.

Net Profit

Represents the amount of money a company retains after subtracting all its expenses, taxes, and costs from its total revenue.