The Probability That Someone in the Human Population Has Blood

question 53

Multiple Choice

The probability that someone in the human population has blood type AB is about p = .08; the probability that someone has blood type O is about p = .25.Knowing that each individual can have one and only one blood type,what is the probability that a person has an AB or O blood type?

• A) .33
• B) .02
• C) 1.00
• D) This state of affairs is not possible.

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Definitions:

AFC

Average fixed cost, or the total fixed costs divided by the quantity of output produced, indicating how fixed costs per unit change with production levels.

MC

The additional cost incurred for producing one more unit of a good or service; it's synonymous with marginal cost.

Marginal Cost

is defined as the increase in total production cost that arises from producing an additional unit of a good or service.

TVC

Total Variable Costs, which are the sum of expenses that vary directly with the level of production or business activity.