A Tennis Player Makes a Successful First Serve 65% of the Time.Assume

question 34

Multiple Choice

A tennis player makes a successful first serve 65% of the time.Assume that each serve is independent of the others.If she serves 3 times,what is the probability that she does not make all of her first serves?

• A)0.0429
• B)0.7254
• C)0.105
• D)0.2746
• E)0.65

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Definitions:

Creditor

An individual, bank, or other entities that has lent money or extended credit to another party.

Compounded Quarterly

Calculation of interest every quarter where the interest added also earns interest in the next quarter, compounding the initial investment's growth.

Principal

Principal refers to the initial sum of money borrowed in a loan or the original amount invested, excluding any interest or dividends.

Investor

Someone or a group that puts money into ventures aiming for a return in terms of finance.