A Die Has Six Faces, Showing 1 to 6 Pips

question 3

Multiple Choice

A die has six faces, showing 1 to 6 pips (spots) . If a die is balanced, all six faces are equally likely. What must be the probability of each face?

• A) 1/10
• B) 1/6
• C) 1/36
• D) Could be any number between 0 and 1.

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Definitions:

Corporate Profits

The surplus income of a corporation after all expenses, including taxes and operational costs, have been deducted from total revenues.

Net Earnings

The amount of profit that remains after all operating expenses, taxes, and interest have been deducted from total revenue.

Interest Rate

The percentage at which interest is charged or paid on borrowed or saved money, often reflecting the cost of borrowing or the reward for saving.

Continuous Future

Refers to actions or events that are expected to continue over a period of time in the future.