A Tennis Player Makes a Successful First Serve 60% of the Time.If

question 2

Multiple Choice

A tennis player makes a successful first serve 60% of the time.If she serves 25 times,what is the mean of the number of good first serves? Assume that each serve is independent of the others.

• A)15
• B)10
• C)6.00
• D)12.5
• E)2.45

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Definitions:

Total Revenue

Total Revenue, in a rephrased definition, represents the aggregate earnings a company receives from selling its products or services, before any expenses are subtracted.

Market Price

The going rate at which a particular market offers to buy or sell an asset or service.

Average Revenue

The revenue earned per unit of output sold; calculated by dividing the total revenue by the number of units sold.

Total Revenue

The total amount of money received by a firm from selling its goods or services.